Austerity Measures Having Positive Impact- Mthuli Ncube

Finance Minister Mthuli Ncube said the austerity measures introduced by Government are helping to save money.

Said Ncube:

We’ve saved quite a lot. In the last few months we’ve been able to balance our budget and this is a first in a long time. We’ve not issued any new Treasury bills or debts and that’s what we mean by austerity. It’s having an impact. We’re pleased with this development and we’ll continue to restructure the civil service.

More: Chronicle

Mthuli Ncube

Professor Mthuli Ncube is the Minister of Finance and Economic Development.He was the Chief Economist and Vice President of the African Development Bank ,financial, economics, investment, and public policy expert, entrepreneur and academic. Professor Ncube divides his time between the private sector in Switzerland and... Read More About Mthuli Ncube

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