DAVID MAYNIER: The DA details a rosy future for the Western Cape
On Tuesday, I tabled the Western Cape government’s 2020 budget in the Western Cape provincial parliament. This outlined how our spending over the medium term will deliver against the new Western Cape provincial strategic plan for 2019-2024, and its vision-inspired priorities, and, most importantly, how it would deliver for all who live in the Western Cape.
We also have significant downside risks in the form of planned load-shedding, trade wars, oil wars, and the coronavirus, which will have a negative impact on the national economy. We may have to revise our economic outlook, but we currently expect the provincial economy to recover and to grow at an average rate of about 1.6%
We may have to revise our economic outlook, but we currently expect the provincial economy to recover and to grow at an average rate of about 1.6% over the next five years.
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