New chap in #sabudget2015 review on public sector finances shows net loan debt of Eskom in 2006 was R143m. Now R144bn #notmakingthisup
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Interesting tid-bit in #sabudget2015: gov bond maturities explode from R20bn now to R90bn in 2017/18 #someoneelsesproblem
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Deficit in #sabudget2015 at -3.9%, and down to -2,6% in '16/17, premised on GDP rise to 2.4%. That's hopefull - last achieved in 2011
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The big nos in #sabudget2015 show State continuting to bulk up: Rev up in '15/16 by 10%, then 11%. Exp up 7,7%% this year, 7,2% in '16/17
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Nene fills the R12bn hole in the budget mainly by increasing personal tax by R9.4bn and fuel levey by 6.4bn. Exp also up #sabudget2015
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