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Expenditure reduced to narrow budget deficit - newsroom - 27-02-2015 Finance Minister Nhlanhla Nene says government will reduce spending by R25 billion in the 2015/16 and 2016/17 financial year in a bid to narrow the budget deficit. While the Minister is trying to narrow the deficit to 3.6%, he said this reduction in spending — coupled with an increase in taxes amounting to a R17 [...]Expenditure reduced to narrow budget deficit is a post from: South Africa Business The post Expenditure reduced to narrow budget deficit appeared first on South Africa Business. read more South Africa Business news |