National Budget Speech 2020

Our economy has won before, and it will win again.
Before democracy our growth was pedestrian. Indeed, between 1990 and 1992, the economy contracted for three years in a row.
In the fifteen years following democracy, economic growth averaged 3.6 per cent a year. The gross debt-to-GDP ratio declined from 46 per cent to 26 per cent. 
 
Now, even after a decade of weak economic performance, South Africa still boasts deep and liquid capital markets, strong institutions, the most diversified economy on the continent, and a young population.

We are part of the most vibrant continent in the world.
 
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2020 Budget Speech

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Date added : 2020-02-27 08:05:25
Date modified : 2020-02-27 08:05:25
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