2024 Budget Speech South Africa Date. Over the medium term, the main budget deficit will decline from 4.7 per cent of gdp in 2024/25 to 3.4 per cent in 2027/28, with the primary budget surplus rising to 1.8 per. Here is the prepared speech in full.

Real gdp growth is forecasted at 1.1% in 2024, well below the estimate of 1.3% in february. Read the prepared speech in full, or watch the broadcast.