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Key executives from Discovery Ltd provide commentary and snippets following Finance Minister Enoch Godongwana’s National Budget Speech presented this afternoon, Wednesday 23 February 2022:
The National Budget was characterised by the balance between social welfare expenditure and fiscal sustainability amid a disappointing outlook for GDP growth in South Africa. The estimate for GDP growth for 2021 was reduced from 5.1% to 4.8% and forecasted to grow at 1.8% p.a. over the next three years.
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