By Kim Saulse and Khanyisa Tabata
17 February 2010
The Federation of Unions of South Africa Secretary General Dennis George says they hope the National Budget Speech by Finance Minister Pravin Gordhan today will be a positive speech that will promote a more “inclusive growth path for South Africa” and that will elaborate in depth, the promises made my President Jacob Zuma during his State of the Nation Address last week.
George added that he hopes the five main objectives outlined by Zuma, namely the job creation, promoting education, improving health services, as well as the effective eradication of crime and corruption as well as rural development and land reform will be tackled as they are key outputs for the economical growth of the country, and believes that efficient budgeting and planning will be the key to ensure successful outputs.
Meanwhile, The African Christian Democratic Party says it believes that Finance Minister Pravin Gordhan will not depart radically from government’s far-sighted, yet expansionary and counter-cyclical fiscal policy.
ACDP’s Steve Swart says they are cautiously optimistic given the gradual, yet promising estimated economic growth figures as well as the strong rebound in VAT collections towards the end of last year.
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