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{
    "id": 1000621,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1000621/?format=api",
    "text_counter": 1269,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Hon. Speaker, the deficit is projected at 7.3 per cent of the GDP, indicating a widening scenario from the previous projection of 4.9 per cent. It is easy to understand why the fiscal deficit will grow to 7.3 per cent. It is basically that the revenue collection this financial year will be depressed for obvious reasons of COVID-19 and the related consequences. Therefore, going forward we encourage the National Treasury to bring fiscal deficit to the desired level of 3 per cent."
}