The real focus is going to be on whether it's spent effectively. Obviously they (the government) feel that they have the capacity to do so.
More Quotes from Dennis Dykes:
There's no need to cut interest rates to stimulate consumer demand or investment spending.Dennis Dykes
We expect a neutral monetary policy stance in 2006, but much will depend on movements in the rand and the performance of mining and manufacturing.
Dennis Dykes
Consumer spending is likely to ease off slightly as some saturation starts to set in, real income growth softens, higher debt burdens prompt a more cautious approach to spending and the positive wealth effects created by rising house prices start to moderate.
Dennis Dykes
Some industries will benefit from the anticipated strength in domestic spending and the planned acceleration in infrastructure spending, while others are expected to remain under strain from a strong rand and softer global growth.
Dennis Dykes
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