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November 21, 2007

West Cape budget outdoes inflation

The Western Cape's budget was to grow an average of 10,5% over the medium-term expenditure framework, well above the 5% inflation rate predicted for this period, finance MEC Lynne Brown said yesterday.

Brown said during her medium-term budget policy statement for the next three years that a provincial population survey had found the figure had increased 16,2%.

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Posted by StaffWriter at November 21, 2007 2:04 PM