sarb speech, 2005-11-24
The price stability objective in South Africa continues to be strongly supported by government's management of its financial affairs with the National Government Budget for fiscal 2005/06 again formulated within a framework of fiscal discipline but with more emphasis on infrastructure development and a budget deficit for 2005/06 now projected to amount to only 1,0 per cent of GDP, compared to the 3,1 per cent of GDP projected in February.
Sentiment: neutral
Topic: fiscal_policy