n IMIESA - Help wanted : money to spend : finance

Volume 31, Issue 4
  • ISSN : 0257-1978



Extracted from text ... IMIESA MAY 2006 - 49 The national budget for the 2006/2007 financial year has a concentrated focus on infrastructure and service delivery, coinciding with changes in local government administrations. Finance Minister Trevor Manual's budget speech indicated that innovative and proactive development initiatives will be the order of the day. Spending in public sector infrastructure increased significantly last year, with investment growing in water schemes, roads and telecommunications, electricity generation capacity and ports infrastructure. Public sector borrowing is currently pegged at an expected average of 2.4% of gross domestic product (GDP), allowing for a substantial increase in infrastructure and capital ..

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error