‘Business positive about Budget’

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PravinBudget2013 Reuters. South African Minister of Finance Pravin Gordhan.

Johannesburg - The business sector is likely to respond positively to the budget announced by Finance Minister Pravin Gordhan in Parliament on Wednesday, Business Unity SA (Busa) said.

“We share the goals of the minister. We want to see an economy (that is) better, bigger and stronger,” said Busa special policy adviser Raymond Parsons.

“We believe the National Development Plan (NDP) is the instrument that we need to do that. It also helps to create a climate of more predictability and certainty in the policy environment.”

He said it remained important that the NDP be implemented on a sustainable fiscal basis.

Busa echoed Gordhan's warning that achieving this required higher growth and employment. - Sapa

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