2024 budget speech | More difficult decisions lie ahead

JOHANNESBURG - Many more difficult decisions lie ahead when it comes to South Africa's budget.

That's according to former Treasury Director-General Dondo Mogajane.

The decision to tap into the country's Gold and Foreign Exchange Reserves raised some eyebrows.

READ: 2024 Budget | SA's logistical challenges

While Mogajane says this was a necessary step, he warns it's not a long-term solution.

"The solution is to grow this economy. Let's be serious about structural reform programmes that the minister was talking about," he said.

"Let's be sure about what we want to do in luring foreign investment to our country and ensure that we create the jobs that we need."