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MEDIUM TERM BUDGET POLICY STATEMENT 97 - …

MEDIUM TERM BUDGET POLICY STATEMENT 97 -MACROECONOMIC POLICY & PROSPECTSM acroeconomic POLICY frameworkGovernment has adopted a macroeconomic POLICY framework which will deliver job creation,better export performance, more investment, greater efficiency and equity of governmentspending and enhanced human resource is a POLICY framework that takes into account the structural challenges the economy mustconfront: Economic expansion in South Africa tends to lead to a rapid growth of imports,putting the balance of payments under pressure and constraining the prospects forsustained growth. Investment and savings levels, which have been uncharacteristically low in recentyears, will need to be substantially increased if strong growth is to be sustained.

MEDIUM TERM BUDGET POLICY STATEMENT 97 - MACROECONOMIC POLICY & PROSPECTS Macroeconomic policy framework Government has adopted a macroeconomic policy framework which will deliver job creation,

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  Macroeconomics, Policy, Terms, Medium, Testament, Prospects, Budget, Medium term budget policy statement, Macroeconomic policy amp prospects macroeconomic policy

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