2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 FIXED RATE BONDS INFLATION LINKED BONDS BANK LOANS … GDP growth is estimated 1.3% in 2015, 0.9%% in 2016, 1.7% in 2017 and 2.4% in 2018. This is considerably lower than last year’s estimates. The economic growth outlook for 2016 has been revised down to 0.9%. Tax revenues are projected to be R11.6-billion down; corporate tax is estimated to be R13-billion down; value added tax (“VAT”) is to be … The global outlook has improved marginally,but significant downside risks … BUDGET FRAMEWORK • RealGOP is expected to grow at 0.9 per cent in 2020,1.3 per cent in 2021 and 1.6 per cent in 2022.

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Indian or Asian 811 0.7% 1678 1.1% 1493 0.9% Other 475 0.3% Population 124813 100% 149377 100% 164608 100% Source: Statistics South Africa, Census 2001, 2011 and Community Survey 2016 Table 4 … Export growth is expected to grow by 9.5% in 2015, 3.0% …