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Pravin Gordhan, Minister of Finance. Photo: Matthew Jordaan.
The national Budget for 2012 contains confidence building elements, Metropolitan Health CEO Blum Khan said on Wednesday.
“There is some element of optimism in that message,” Blum said in a live interview on eNews.
Declarations that the government would remove the waste and inefficiency in its system, and visible progress in the health system contributed to this.
Earlier, Finance Minister Pravin Gordhan said the new health system would require funding over and above current budget allocations to public health.
An additional R1bn conditional grant had been allocated over the next three years to cover the cost of National Health Insurance pilot projects, to be established in “selected districts” during this year and 2013.
Khan said the markets would have been surprised by the lower than expected Budget deficit of 4.6 percent projected for 2012/13, four percent in 2013/14, and three percent in 2014/15.
The proposals for R9.5 billion in personal income tax relief would also be welcomed, he said.
“There is a lot to be said for the way this budget came together,” he said. - Sapa
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