Finance Minister Chris Liebenberg presents his budget

Date: 13 Mar 1996
Updated: 30 Sep 2019

The SA finance minister, Chris Liebenberg, presented his 1996 - 1997 budget to parliament. It was a cautious package intended to reduce the fiscal deficit and provide tax relief to low and middle-income groups. Liebenberg pronounced his primary aim as to build on the government's reputation for fiscal discipline, while paving the way for more significant budgetary reforms in the 1997-1998 financial year. He further reported perpetual economic growth, registering 3.5 per cent in 1995, the highest since 1988.

Search events by date

What happened on your birthday?

How we know this

01Keesing's Record of World Events, News Digest for March, 1996 p. 40985.
02Nelson Mandela 1996 from Nelson Mandela [online] Available at: www.nelsonmandela.org [Accessed: 14 March 2014]

Last updated · 30 Sep 2019

Cite this entry

South African History Online. (2011, March 16). Finance Minister Chris Liebenberg presents his budget. South African History Online. https://sahistory.org.za/ref/E-0013247

South African History Online (2011) 'Finance Minister Chris Liebenberg presents his budget', South African History Online, 16 March. Available at: https://sahistory.org.za/ref/E-0013247 (Accessed: 21 July 2026).

South African History Online, Finance Minister Chris Liebenberg presents his budget [website], https://sahistory.org.za/ref/E-0013247, (accessed 21 July 2026).

"Finance Minister Chris Liebenberg presents his budget." South African History Online, 16 Mar. 2011, https://sahistory.org.za/ref/E-0013247. Accessed 21 July 2026.

South African History Online. "Finance Minister Chris Liebenberg presents his budget." South African History Online. March 16, 2011. https://sahistory.org.za/ref/E-0013247.