Budget Speech 2018Conclusion |
Madame Speaker, fellow South Africans.
Given the choices we have had to make, both as a nation and as Government in preparing this Budget, I am reminded of the words of Lerone Bennett Jr., in the “The Road Not Taken”, when he said:
“A nation is an amalgam of critical decisions made at crucial forks in the road. A nation is a choice. It chooses itself at fateful forks in the road by turning left or right, by giving up something or taking something – and in the giving up and the taking, in the deciding and not deciding, the nation becomes.”
Given the difficult circumstances we have been in and the choices we had to make in order to steer the course, maintain the trajectory of our policy objectives and sustain our public finances, we have made the tough calls and decisions that affirm our nationhood.
At crucial forks in the road, we made and continue to make the critical decisions that continue to forge our nation.
The budget we present today is not easy and the choices we have had to make are difficult, but Spirella reminds us that:
“There’s no thrill in easy sailing when the skies are clear and blue, there’s no joy in merely doing things which anyone can do. But there is more satisfaction that is mighty and sweet to take, when you reach a destination that you thought you’d never make.”
Through our liberation struggle, and the advent of our democratic era, we have shown incredible perseverance, humanity, selflessness and courage.
We have shown the ability to find common ground amidst a painful history and deep division, and a fearlessness of youth that has helped us to choose ourselves again and again by giving something up or taking something.
Through this budget, we choose ourselves yet again; we do the things Madiba dared us to do at the advent of our democracy that would affirm humanity’s conviction in the nobility of our course and its pride in our efforts and daily deeds.
We must once again embody these core values if we are to meet our current challenges.
We can and must find in ourselves, the ethical leadership of Madiba, the selflessness of Albertina Sisulu, and the humanity of Hugh Masekela.
Let this be the year of renewal, revitalization and a step change in progress in fostering inclusive economic growth which rolls back unemployment, poverty and inequality.
The opportunity is before us.
To take advantage we need to be able to see beyond our individual interests to the national interest, as Madiba so often did, and to find common ground.
Let us work together to create a better life for every citizen and inhabitant of our beloved country.
Let each of us lend a hand.
At this stage, I wish to thank former President Zuma for his leadership during the budget process.
I wish to thank you, President Ramaphosa, for your leadership, counsel and commitment to unblocking obstacles to inclusive growth.
I am grateful to my Cabinet colleagues, who share with me collective responsibility for the shaping and implementing this Budget.
I sincerely thank members of the Ministers’ Committee on the Budget for their time, diligence in sifting through budget memoranda, and insights in the debates that helped refine the budget proposals.
I must express my gratitude to our Provincial Premiers and Finance MECs, and Municipal Mayors, for bring invaluable experience on service delivery at provincial and local level, and who share our fiscal and financial responsibilities.
Thank you Deputy Minister Buthelezi for your constant support along this journey. Our collective thanks are due to:
| • | The South African Reserve Bank, the South African Revenue Service and the finance family institutions. |
| • | The Financial and Fiscal Commission and its chairperson Prof Daniel Plaatjies, whose advice is critical for the integrity of our intergovernmental fiscal system. |
| • | Honourable Carrim, De Beer and Phosa and the finance and appropriation committees, who have responsibility for considering the Division of Revenue Bill, the Appropriation Bill and today’s revenue and expenditure proposals. |
| • | NEDLAC, its Executive Director Mr. Madoda Vilakazi, and representatives of the business, labour and community constituencies on the Public Finance and Monetary Chamber for bringing a holistic perspective to our economic challenges. |
I want to sincerely thank the Director-General Mogajane and the team at National Treasury for your expertise, hard work and deep commitment to public service, as well as the long hours that went into producing this Budget.
I must thank my family for their continued support and inspiration.
Most importantly, I would like to thank South Africans who listened to this Budget Speech, for their kind attention, and for their constructive criticism that often helps us to become better at what we are doing.
Ngiyabonga
Ke-a-leboha
Na Khensa
Ndi-a-livhuwa
Ngiyathokoza