- Budget 2012: Options for the poor?0.23 MB
Some commentators described Finance Minister Pravin Gordhan’s budget speech as a fine balancing act – controlling the budget deficit while still finding more than R1 trillion to fund various infrastructure projects. This in an international economic climate that saw Greece needing a get‐out‐of‐jail card to deal with its economic woes, and a few other European conomies looking like they might suffer a Greek tragedy as well.
This SACBC CPLO briefing paper will look at some of the ‘good’ and ‘not so good’ aspects of the 2012 budget and highlight some of the challenges for the treasury over the medium term.
EMAIL THIS ARTICLE SAVE THIS ARTICLE FEEDBACK
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
