Medium-term budget policy statement by Minister Manuel

statement by Bantu Holomisa and Roelf Meyer The release of Finance Minister Trevor Manuel’s medium-term budget policy statement has introduced a new, transparent direction for South African fiscal policy. For this he needs to be congratulated. Although all the news is not encouraging, especially the scaled-down forecast for growth of the GDP, the opening up of fiscal policy planning is a fresh approach that will prove to be of immense assistance to local and foreign [...]