Item 1415 - President Mandela's Comments on the Budget Deficit

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ZA COM MR-S-1415


President Mandela's Comments on the Budget Deficit


  • 1999-04-20 (Creation)

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Transcription of speech made by Mr Mandela

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(18 July 1918-5 December 2013)

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Migrated from the Nelson Mandela Speeches Database (Sep-2018).

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United States Foundation changed to United Nations Foundation in paragraph five

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  • English

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At the official opening yesterday of the headquarters building of Macsteel International, President Mandela stated: "I listened to the Minister of Finance last week who said that we are on target to bring our budget deficit down to 3 per cent this and next year." In response to media enquiries we need to underline that the President was re-iterating what the Minister said in his budget speech, that in this financial year (1999/2000) and next financial year 2000/2001 the budget deficit will progressively decrease to reach 3 per cent by the year 2000/2001.

Issued by the Office of the President
20 April 1999
Enquiries: Mr Parks Mankahlana 082 553 4569

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Acquisition method: Hardcopy ; Source: Nelson Mandela Foundation. Accessioned on 05/02/2010 by Zintle Bambata




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