Finance Minister Enoch Godongwana says bailouts to State-Owned Entities have diverted resources amounting to 520 billion rands in the past few years. He was delivering this year's Medium Term Budget Policy Statement in Parliament yesterday. Godongwana says government can no longer afford bailouts to ailing state-owned companies. He says the country's fiscal frameworks will move away from consumption to focus on investment to grow the economy. Ntwanano Vuma spoke ATM, Zama Ntshona

<p>Finance Minister Enoch Godongwana says bailouts to State-Owned Entities have diverted resources amounting to 520 billion rands in the past few years. He was delivering this year's Medium Term Budget Policy Statement in Parliament yesterday. Godongwana says government can no longer afford bailouts to ailing state-owned companies. He says the country's fiscal frameworks will move away from consumption to focus on investment to grow the economy. Ntwanano Vuma spoke ATM, Zama Ntshona</p>

<p>Munghana Lonene FM Current Affairs.</p>

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