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South Africa planned public-sector capital investment of over
R600-billion over the next three years, and capital formation was
forecast to add about 1% to gross domestic product (GDP) growth over
the medium term, the National Treasury said last week.In the
Medium-Term Budget Policy State-ment (MTBPS), the National Treasury
noted that investment growth in 2008 was the strongest in the public
sector, with the share of investment by public corporations rising to
15,3% in the first half of the year, from 11,3% in 2003.
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