South Africa's National Treasury prepares a fiscally sustainable national budget for each financial year, which runs from 1 April of the current year to 31 March of the following year, and also outlines how government proposes to finance its expenditure.South Africa has been running a fiscal deficit since 2008 as a result of the global financial crises after maintaining surpluses for two consecutive years prior to 2008. Job creation has become important goals of the budget.
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