There
have been mixed reactions to Pravin Gordhan budget speech with opposition
parties calling the speech an electioneering stunt.
Opposition
parties have called for more jobs for the people of this country.
Minister Gordhan also urged South Africans to
tighten their belts saying there are some tough times ahead.
Democratic
Alliance MP Tim Harris said economic growth is much slower than most other emerging
markets.
"We
needed more tax rates, we needed more incentives." Harris added.
Government
reviewed its programmes like the employment incentive, like the jobs fund and
they are making an impact and the work opportunity are in the Thousand. What we
need is millions of jobs which they will come from private sector.
Trade and
Industry Rob Davies said they have managed to keep the budget deficit within bounds of
1.1% lower than it was anticipated in October.
ACDP's Steve Swart said they believe the minister had a little room to move and he has closely aligned the
budget with the national development plan for job creation this means the ACDP
support. We also surprise that there are no tax increases and the fact that
social welfare grants.
Minister
Bathabile Dlamini said Minister Gordhan was able to focus more on social
protection.
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