Gaolathe’s make or break budget

Thus far, Ndaba Gaolathe has spent much of his tenure thus far as the Finance Minister fighting to steer the country away from a fiscal cliff, which is defined as the point where government finds itself unable to pay its debts.

Since assuming the office in November 2024, Gaolathe has each day battled to keep the fiscus going, balancing ever tighter revenues with stubbornly steady recurrent obligations and developmental commitments, all the while mapping out a transformational plan, the BETP, to remove the country from the crisis.