Thursday, February 27, 2014

Opposition parties calling the speech an electioneering stunt

Loyiso Langeni
27 February 2014

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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