Yesterday, Gordhan detailed numerous measures aimed at cutting back on wasteful spending by the state and jumpstarting economic growth.
Today he will be briefing business and Members of Parliament (MPs) on the Budget.
Gordhan delivered his Budget speech with his back against an economic wall, but managed to present a practical plan, balancing competing demands on a depleted public purse.
“The choices we make cannot meet every need, and the action we require involves collective action by many stakeholders”.
Gordhan chose to raise revenue by hiking levies and introducing new ones on tyres and fizzy drinks rather than stifling economic growth by increasing personal income and company tax.
“The choices we make cannot meet every need, and the action we require involves collective action by many stakeholders”.
Gordhan chose to raise revenue by hiking levies and introducing new ones on tyres and fizzy drinks rather than stifling economic growth by increasing personal income and company tax.
