Gnu Still Intact Despite Differences On Some Issues: Ramaphosa

President Cyril Ramaphosa says the centre of the Government of National Unity GNU is intact despite partners disagreements on a range of issues. In his weekly letter to the nation, he says the postponement of the budge t is not likely to affect public confidence in the GNU.

Ramaphosa says partners of the GNU are continuing their discussions on the issue.

For the first time since 1994, Parliament was forced to postpone the tabling of the budget speech due to political party differences .

President Ramaphosa says that was unfortunate as it gave rise to concern and uncertainty among South Africans, investors and the financial markets.

"The last-minute postponement was unfortunate. It gave rise to concern and uncertainty among South Africans, investors and the financial markets, who look to the Budget for important signals about the state and direction of our economy. The budget reflects government's choices and priorities for the country's development. Decisions on how to spend public funds have implications for every South African. It is therefore essential that the concerns raised by different parties around the budget are properly addressed, in the interests of accountability, transparency and consensus-building," the letter states.