Cabinet approves a number of legal and policy memoranda |13 June 2025

Cabinet approves a number of legal and policy memoranda

President Wavel Ramkalawan chaired a scheduled meeting of the Cabinet on Wednesday June 11, in which a number of legal and policy memoranda were approved.

Cabinet took note of the Fiscal Report for the first quarter of 2025, which indicated a primary surplus of R205.15 million or 0.6% of GDP, supported by improved tax revenue performance, notably from Business and Personal Income Tax. While total revenue and grants slightly underperformed, expenditure remained below budget, resulting in an overall improved fiscal position. Cabinet also noted the need for budget revisions in 2025 to accommodate emerging commitments, including contributions to the FIFA Beach Soccer World Cup and infrastructure projects, endorsed proposed expenditure adjustments and commended the reducing debt to GDP levels accordingly.

Press release from the Office of the President

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