South Africa to spend over 54 bln USD on infrastructure in next 3 years


CAPE TOWN, March 12 (Xinhua) -- South Africa on Wednesday announced a three-year plan of spending more than 1 trillion rand (about 54.5 billion U.S. dollars) on public infrastructure to drive economic growth.

South African Minister of Finance Enoch Godongwana made the announcement while presenting the 2025 budget review to parliament and delivering his annual budget speech in Cape Town, the country's legislative capital.

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