South Africa

Details

  • Service: Advisory, Risk & Compliance, Financial Risk Management
  • Industry: Financial Services
  • Type: Business and industry issue
  • Date: 2010/04/15

Economic Insight Quarterly Review Issue 11 Q1 2010 

In this issue, a review of the first quarter of 2010 thus far is given, while quarterly forecasts are provided for the entire period of the first quarter of 2010 to the first quarter of 2011.
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The first section reports on and provides forecasts of the main economic indicators, including the Gross Domestic Product (GDP), inflation and interest rates, the oil price and exchange rates.

 

The second section provides an overview of the National Budget presented by Minister of Finance, Pravin Gordhan, on 17 February 2010.

 

The appendix provides a practical example of an engagement undertaken by KPMG for a national government department to develop a model for estimating revenue. The model will assist the department regarding its budgetary initiatives.