Expenditure reduced to narrow budget deficit

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Finance Minister Nhlanhla Nene says government will reduce spending by R25 billion in the 2015/16 and 2016/17 financial year in a bid to narrow the budget deficit. While the Minister is trying to narrow the deficit to 3.6%, he said this reduction in spending — coupled with an increase in taxes amounting to a R17 [...]Expenditure reduced to narrow budget deficit is a post from: South Africa Business
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