n IMFO : Official Journal of the Institute of Municipal Finance Officers - 2009 budget receives varied reactions
|Article Title||2009 budget receives varied reactions|
|© Publisher:||Institute of Municipal Finance Officers (IMFO)|
|Journal||IMFO : Official Journal of the Institute of Municipal Finance Officers|
|Publication Date||Autumn 2009|
Economists and business have welcomed Finance Minister Trevor Manuel 2009 Budget, saying he was able to balance the needs of the poor with some relief for taxpayers.
The minister tabling his Budget Speech in Parliament on Wednesday, announced government's spending on social security would receive a R13.2 billion boost while tax adjustments to personal income tax schedules will provide middle and lower income earners with R13.6 billion in tax relief.
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