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Finance minister Pravin Gordhan’s delivered an upbeat medium-term budget policy speech in Parliament on Wednesday. In the last mini-budget speech to be heard before the 2014 elections, the minister vowed to keep the purse strings tight.
Gordhan trod a thin line between maintaining a necessary leanness in spending, while simultaneously carrying forward his mandate to stimulate growth in the economy.
The result was that no major changes in spending were announced, but commitments to the National Development Plan (NDP) were reinforced. Absa Investment Analyst, Christopher Gilmour, talks about the budget.
Post by SABC News Online.
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