South Africa’s Finance Minister Malusi Gigaba has delivered his maiden medium-term budget policy statement in Parliament cutting economic growth from 1.3% to 0.7% for this year
South Africa's mini budget policy [The Morning Call]
and forecasting debt to reach 210 billion dollars by 2020. He also indicated that the economy will expand by 1.2 percent in 2018 and 1.5 percent in 2019 suggesting slow growth.
Mr Gigaba’s mini budget policy has triggered reactions across south Africa with many South Africans and experts making reviews of the budget.