The medium-term budget presented by finance minister Pravin Gordhan this week is somewhat optimistic. He has released funds to tackle some of South Africa’s more urgent concerns, particularly reforms in education.
Finance minister Pravin Gordhan’s medium-term budget is making the best of a challenging situation. (Image: GCIS)
Words: Shamin Chibba
Design: Sandile Khumalo
The 2016 medium-term budget set out by finance minister Pravin Gordhan is somewhat optimistic. While the growth rate has dwindled in recent months, Gordhan expects it to rise next year.
He is looking to ease the burden of social grantees, giving them R10 extra a month, and is also trying to make education more accessible to all in the foreseeable future.
Below we break down the numbers of this year’s medium-term budget.
For more on the mini-budget, check out:
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