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23 May 2012
   
 
 
 
 
 
 
DOWNLOAD
Budget Highlights - 1 185 KB
 
 
DOWNLOAD
Consolidated Government Expenditure - 1 037 KB
 
 
DOWNLOAD
Letter to Gill Marcus - 70 KB
 

Finance Minister Pravin Gordhan and his team at the National Treasury released an innovative graphic along with the other 2010 Budget documentation, which goes a long way to clarifying how taxpayers' money will be spend between April 1, 2010 and March 31, 2011.

 

See the ‘Budget Highlights' and ‘Consolidated Government Expenditure' documents attached.


Gordhan also clarified the mandate of the South African Reserve Bank (SARB) in his budget speech, saying that the inflation targeting policy would remain in place but that the Bank's economic focus should broaden.This was outlined in a letter to SARB governor Gill Marcus.

 

See the Finance Minister's letter attached.

 

Edited by: Creamer Media Reporter
 
 
 
 
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