Medium-term budget speech | Growth forecast lowered to 1.1%

Treasury lowers forecast 1/3
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CAPE TOWN - Finance Minister Enoch Gondongwana says government debt is growing faster than the economy.

He's also lowered the growth forecast for the year to 1.1 percent.

The Minister and the taxman, Edward Kieswetter, is chomping the details at a post-budget breakfast.

  • eNCA reporter Heidi Giokos is in Cape Town.

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