---
title: "South Africa to revise budget as COVID-19 hurts economy"
description: "JOHANNESBURG, April 14 (Reuters) - South Africa will revise its budget as the COVID-19 pandemic takes its toll on an economy already in recession, Finance Minister Tito Mboweni said on Tuesday."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "COVID-19"
author: "Reuters"
author_url: "https://www.dailymaverick.co.za/author/reuters/"
canonical_url: "https://www.dailymaverick.co.za/article/2020-04-14-south-africa-to-revise-budget-as-covid-19-hurts-economy/"
published: "2020-04-14T14:16:44"
lang: "en-ZA"
word_count: 59
---

# South Africa to revise budget as COVID-19 hurts economy

> JOHANNESBURG, April 14 (Reuters) - South Africa will revise its budget as the COVID-19 pandemic takes its toll on an economy already in recession, Finance Minister Tito Mboweni said on Tuesday.

By Reuters · Published 14 April 2020, 16:16 SAST

## Content

"We will naturally revise our fiscal framework to take into account the effect of COVID-19," Mboweni told journalists on a teleconference.

The National Treasury tabled the 2020 budget in parliament in February, forecasting that the budget deficit would hit an 18-year high in the 2020/21 fiscal year. (Reporting by Alexander Winning; writing by Olivia Kumwenda-Mtambo; Editing by Alex Richardson)