Cape Town 101028. Deputy Finance Minister, Nhlanhla Nene is his 120 Plein Street office. PHOTO SAM CLARK, CA, Gaye Davis

Johannesburg - South Africa's fiscal position has come under increasing pressure from a weakening economic outlook, but the government is committed to implementing its National Development Plan to boost growth, Finance Minister Nhlanhla Nene said on Tuesday.

Nene also told a Thomson Reuters event that the ailing economy faced a period of high interest rates and low commodity prices. - Reuters