Date: 27/10/2010

Source: The Treasury

Title: SA: Gordhan: Medium Term Budget Policy Statement by the South African Finance Minister, National Assembly

Former President Mandela once said: "After climbing a great hill, one only
finds that there are many more hills to climb!"
As a youthful nation, we have had our fair share of hills to climb. Our
successful hosting of the World Cup earlier this year is surely proof that no hill
is too steep. As we move out of the depth of the greatest recession since the
1930s, we find yet another hill facing us - the highest, perhaps, we have yet
had to climb. This is the creation of jobs and the reduction of poverty.
Honourable Members, today is the birthday anniversary of Oliver Tambo, who
dedicated his life to these goals.
In taking this struggle forward, Cabinet has this week released details of a
new growth path that sets out a vision and outlines key areas where jobs can
be created. This is an agenda for collective action by the state, business,organised labour and civil society - in fact all South Africans have an interest
in energising and activating the growth path...

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