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文章基本信息

  • 标题:Public finance
  • 期刊名称:Annual Economic Report / South African Reserve Bank
  • 印刷版ISSN:0038-2620
  • 出版年度:2005
  • 卷号:1
  • 页码:73-73
  • 出版社:South African Reserve Bank
  • 摘要:The Minister of Finance presented the Budget to Parliament on 23 February 2005 against a background of solid domestic macroeconomic performance and a supportive international environment. Sound fiscal policies and a conservative debt management approach over several years contributed to lower debt service costs and provided a platform for a more expansionary fiscal stance. Accordingly, resources would be redirected towards areas of priority, making the Budget more supportive of the poor and more geared towards developing both human and physical capital – indispensable preconditions for long-term growth and sustainable development.
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