Home  »  Medium term budget draws approval from key stakeholders

Finances

Medium term budget draws approval from key stakeholders


Portfolio Committee on FinanceInterest groups have called for a concerted response from business, labour and government to attain higher economic growth levels and thereby address poverty and unemployment. Business Unity…

Manuel outlines his SA plan to handle global financial crisis


Portfolio Committee on FinanceThe critical question, said Trevor Manuel, minister of finance, when addressing the parliamentary portfolio committee on finance on the current global financial crisis, was to have a…

Monetary Policy Committee Expects Further Decline in Inflation


South African Reserve BankThe South African Reserve Bank's Monetary Policy Committee expects a further decline in domestic inflation when the January data is made available. The Monetary Policy Committee (MPC)…

Trevor Manuel Serves Up An “Honest Budget” For 2009


Portfolio Committee on FinanceIn presenting the budget for South Africa for 2009/10 based on estimated revenue for the current year, Trevor Manuel has termed his legislative proposals as "an honest…

National Treasury Banks on Global Economic Recovery


National TreasuryNational treasury has warned that, despite the imposition of sound counter cyclical policies, local economic growth prospects were dependant on a turnaround in the global economy. National treasury provided…

Interest Groups Welcome Well-Balanced and Pragmatic Budget


Portfolio Committee on FinanceInterest groups have welcomed the budget's ability to find a balance between social needs and policy directives but cautioned against the introduction of protectionist measures to deal…