Policy, Law, Economics and Politics - Deepening Democracy through Access to Information
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21 August 2014
   
 
 
 
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Minister Pravin Gordhan's budget speech of today was somehow 
predictable, both in terms of what it addresses and in terms of what 
it fails to address.

It has increased Government spending across the board in an effort to 
do more. This may be seen as a positive action. It also contains 
several measures and promises aimed at curtailing inefficiency, 
ineffectiveness and corruption, which is excellent, were it not for 
the fact that similar statements were contained in Minister Pravin 
Gordhan's budget speeches of the past three years. Much will depend on 
whether or not, this time around, declarations of policy will 
materialize into programmes of action.

The most concerning aspect is the insufficient emphasis on economic 
growth. Our present rate of economic growth below 3% is largely the 
product of Government funding and subsidies and may not be 
sustainable. In the end, everything depends on our country's 
capability of generating income. The welcome emphasis on 
infrastructural development still does not address this fundamental 
problem.

I feel that we have not yet crossed into the terrain of the much 
spoken of leadership that the country needs. The measures taken are 
still mild when drastic measures are needed.
 

Edited by: Creamer Media Reporter
 
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