President Cyril Ramaphosa delivers the State of the Nation Address. GCIS
PRETORIA - The postponement of the 2025 Budget Speech has sparked widespread debate, but the Presidency is assuring the nation that the delay is in the country’s best interest.
President Cyril Ramaphosa said the Cabinet’s ongoing discussions aim to protect vulnerable citizens while laying the foundation for economic growth.
While the postponement reflects differences of opinion within the Government of National Unity, the President describes the process as a demonstration of mature and constructive decision-making.
WATCH: Political reaction to 2025 budget speech postponement
With the nation facing economic constraints, government leaders are juggling growth objectives with fiscal realities.
In the coming days, efforts will be intensified to deliver a budget that meets the needs of both citizens and investors.
For now, the country waits, watching closely as these high-stakes negotiations unfold.
President @CyrilRamaphosa wishes to assure South Africans that Cabinet’s continuing deliberations on the Budget will deliver outcomes that will protect vulnerable citizens and lay a platform for economic growth. https://t.co/axXxtma8rR
— The Presidency 🇿🇦 (@PresidencyZA) February 19, 2025