Budget speech: Gordhan has his work cut out for him
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An economist says Finance Minister Pravin Gordhan has his work cut out for him this week.
Dawie Roodt says Gordhan will be under tremendous pressure when he delivers his Budget Speech on Wednesday.
Roodt described Gordhan as a powerful minister but says he'll have to address the nation on several important issues including government spending, privatisation of state owned enterprises and civil servant salaries.
Roodt says it took former Finance Minister Trevor Manuel 14 years to bring the State's debt levels to 25%.
He says the debt level has doubled under Zuma's administration.
Dawie Roodt says Gordhan will be under tremendous pressure when he delivers his Budget Speech on Wednesday.
Roodt described Gordhan as a powerful minister but says he'll have to address the nation on several important issues including government spending, privatisation of state owned enterprises and civil servant salaries.
Roodt says it took former Finance Minister Trevor Manuel 14 years to bring the State's debt levels to 25%.
He says the debt level has doubled under Zuma's administration.
