Hopes Dashed Away
While expectations were that there would be 'big' measures to create jobs, the Budget was largely disappointing
The principal economic issue in the elections was high unemployment, in addition to concerns over an economic slowdown on the back of low investment and low consumer demand. Understandably, the expectation was that government would propose some 'big' measures, but the Budget was largely disappointing. There were several measures with implications for employment generation, but the vision they add up to
