DURBAN - Finance Minister Malusi Gigaba delivered his Medium Term Budget Policy Speech earlier today.
Gigaba said that the budget is highly progressive and the Gross Domestic Product growth has been revised from 1,3% to 0,7%.
Here are some reactions from South African Twitter users:
#MTBPS2017 Shivambu says SA is in crisis because of Mr. Gigaba, if you allow him to speak then you are collaborating in crime
— KhayelihleKhumalo (@KhayaJames) October 25, 2017
Min. Malusi Gigaba has revised SAs growth projection for this year from 1.3% (in Feb) to an even more dismal 0.7% #MTBPS2017 #sabcnews
— Francis Herd (@FrancisHerd) October 25, 2017
Another year and another below 1% growth projection!! #MTBPS2017 Our people starve Zuma and the Guptas aren't.
— Kylo Da'en (@Dslartibartfast) October 25, 2017
#MTBPS2017 Rand significantly weakens during Gigaba's midterm budget speech.
— Carrick Wealth (@CarrickWealth) October 25, 2017
#MTBPS2017 Gigaba: procrastination and dithering must end.
— Lezanne (@Lizira00) October 25, 2017
Just look at them, sitting there listening to a minister who's front and center of #StateCapture as if nothing's wrong. #MTBPS17 #MTBPS2017
— Lindani (@KhuhlaseKhondlo) October 25, 2017
The Gross Domestic Product (GDP) growth prospect for SA has been cut from 1.3% to 0.7%.
Means we can't create more jobs😢😢😢😭😭😭 #MTBPS2017
— Cam (@CamModisane) October 25, 2017