2012 Budget Speech

Minister of Finance Pravin Gordhan delivered the 2012 Budget Speech, Parliament, February 22 2012. Finance minister says R105bn to be spent on social grants, R207bn on education.

It is my privilege to introduce the third budget of President Zuma’s administration. Mister President, you have given us a clear and historic challenge to “write a new story about South Africa – the story of how, working together, we drove back unemployment and reduced economic inequality and poverty.”

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