WATCH: Mboweni tables emergency budget

Finance Minister Tito Mboweni has a big task ahead of him. He will deliver his emergency budget speech on Wednesday.

* Editor's note: This live event has ended. You may watch a recording above.

CAPE TOWN - Finance Minister Tito Mboweni is tabling an emergency budget on Wednesday.

Since last month, government has started loosening the lockdown to enable business activity to gradually resume.

READ: Mboweni to table emergency budget as unemployment reaches record levels

Government announced an unscheduled R500-billion economic stimulus and social relief package, including R100-billion for job protection.

Mboweni is likely to tell us that the gap between our revenue and spending has deteriorated closer to 15 percent.

Source
eNCA