No easy spending cuts for Gordhan With babies strapped to their - TopicsExpress

No easy spending cuts for Gordhan With babies strapped to their backs, women wait for hours at the crowded social security office in Gugulethu, Cape Town, for the tiny child support grants that often make the difference between subsistence survival and starvation. But their pleas for higher payouts are unlikely to sway Finance Minister Pravin Gordhan when he announces his medium-term budget today. With revenue under pressure as economic growth remains subdued, he is expected to keep a rein on spending to pacify ratings agencies worried about profligacy ahead of elections next year. Full story: lnkd.in/by5iSwB

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