SA’s IFP Deputy President Criticizes 2024 Budget Speech as Political Maneuver Ahead of Elections

Inkosi Buthelezi, the deputy president of the Inkatha Freedom Party, has characterized the 2024 budget speech as a political stunt in anticipation of the elections. Expressing disappointment with the economy’s downturn and the underperformance of various departments despite allocated funds, Buthelezi voiced concerns about the government’s plan to utilize 150 billion rand from the Gold and Foreign Exchange Contingency Reserve Account due to lower-than-expected growth and a revenue shortfall.