- Jun 20, 2012
SA's public finances are constrained and government will have to direct resources to programmes with the greatest impact on poverty alleviation, job creation and economic growth, President Cyril Ramaphosa said.
The president was addressing the National Assembly on Thursday, as part of his replies to issues raised by MPs during the State of the Nation Address debate which has taken place over the past three days.
"We are at a moment in our history where we need to make difficult choices. Our public finances are constrained, we will hear this more clearly when Finance Minister Tito Mboweni announces the budget," he said.
The finance minister will announce the National Budget on February 20.