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South Africa doesn’t have the funds to cover the over $430 million shortfall caused by the Trump administration’s cuts in foreign aid, the country’s finance minister said Wednesday.
Finance Minister Enoch Godongwana spoke to Parliament while presenting an updated budget — one without the value-added tax increases that had sparked public outcry and fierce disagreement among parties in the ruling coalition.
Without that tax revenue, he said, South Africa doesn’t have enough money to make up for the cuts that have threatened the vast network of support for one of the world’s largest HIV-positive populations.
The country runs the largest treatment network in the world.
The finance minister spoke shortly before President Cyril Ramaphosa’s much-anticipated meeting with U.S. President Donald Trump at the White House.
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