http://www.polity.org.za
Deepening Democracy through Access to Information
Home / Statements RSS ← Back
Sustainable|Product
Sustainable|
sustainable|product
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Verification Image. Please refresh the page if you cannot see this image.

Sponsored by

Close

Article Enquiry

IFP: Statement by Mangosuthu Buthelezi, Inkatha Freedom Party president, on the 2012 National Budget (22/02/2012)

Verification Image. Please refresh the page if you cannot see this image.
Close

Embed Video

IFP: Statement by Mangosuthu Buthelezi, Inkatha Freedom Party president, on the 2012 National Budget (22/02/2012)

22nd February 2012

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

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.
 

Advertisement

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close