#Davos: SA’s budget spending is under control - Zuma
Zuma says govt has stuck to spending limits over the past 3 years & is on track to do the same this year.
DAVOS - President Jacob Zuma has assured global investors that South Africa's budget spending is under control.
Zuma is currently at the World Economic Forum (WEF) in Davos, Switzerland where the country's delegation is selling South Africa as a safe and lucrative investment destination.
WATCH: _SA to be sold as 'safe investment' at WEF _
Over 2,500 participants, ranging from government officials to business heavyweights from over 100 countries, are taking part in the forum, which ends tomorrow.
Zuma says South Africa's government has stuck to its spending limits for the past three years and is on track to do the same in this financial year.
He says the country is committed to strong fiscal discipline.
Zuma has however warned the unsteady global market environment won't make economic growth easy.
He adds that what he calls South Africa's resilient economy will yield positive investment opportunities from the World Economic Forum.
WATCH: Gordhan defends new controversial Investment Act
Visit the Eyewitness News World Economic Forum 2016 special feature.