Transcription of 3 Ch3 10 Feb
{{id}} {{{paragraph}}}
Example: barber
3 Ch3 10 Feb
293 Fiscal policy In brief Government is committed to reducing the budget deficit and stabilising debt. Despite weaker GDP growth, the projected deficit for 2014/15 is per cent of GDP, just below the October 2014 estimate. Main budget non-interest expenditure has been reduced by R25 billion over the next two years compared with the 2014 budget estimate. Capital is the fastest-growing area of non-interest expenditure over the medium term, while goods and services decline in real terms.
2015 BUDGET REVIEW 32 Figure 3.1 Spending growth by economic classification, 2011/12 – 2014/15 and 2014/15 – 2017/18 Source: National Treasury
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: