The Medium Term Budget Policy Statement indicates that for 2009/10, revenue collections will be R82 billion lower than projected in the February  BIS Review 140/2009  3  Budget, resulting in the projected budget deficit for 2009/10 increasing from 3,4 per cent of GDP to 7,6 per cent.
Notwithstanding the turmoil in global financial markets and conditions in the domestic economy, bond listings on BESA grew in 2008, albeit at a slower pace.