MTBPS - A Realistic Budget Delivered Under Severe Constraints

BLSA welcomes the Medium Term Budget Policy Statement which delivered the commitment to fiscal discipline that is vital to maintaining business confidence. As we expected, revenue has fallen short of the amounts initially budgeted for this year and as a result the budget deficit will be 4.9% of GDP, considerably worse than the previous estimate of 4%. <a href="http://www.kayafm.co.za">kaya fm</a> &middot; <a href="http://www.kayafm.co.za/">Kaya FM </a>