COVID-19 Supplementary Budget Analysis

On Wednesday 24 June the Minister of Finance tabled a Supplementary Budget, the purpose of which was to give effect to emergency COVID-19 expenditure. The Budget reneges on President Cyril Ramaphosa’s sevenprong R500 billion rescue package announced on 21 April 2020. The failure to implement the rescue package undermines the constitutional obligation to progressively advance the rights of all.