The "fiscal space" built up during the austere Gear period and in the boom years between 2003 and 2008 is all used up, and then some.
Gordhan says the challenge now is to grow the economy and widen the tax base to raise revenue.
Finance Minister Pravin Gordhan failed to mention a single word about the R206-million spent on President Jacob Zuma's residence at Nkandla.
Finance Minister Pravin Gordhan has once again expressed deep concern about the level of consumer debt in the country.
Finance Minister Pravin Gordhan will be seeking to increase tax revenue received from the corporate sector this financial year.
New laws will be introduced this year to regulate the retirement industry, as part of the government's plan to encourage South Africans to save.
But rating agencies, which have downgraded SA, are afraid that he's letting unrest dictate policy.
The Democratic Alliance have welcomed Finance Minister Pravin Gordhan’s conservative 2013/14 budget but criticised it for lacking detail.
There was one clear message emanating from Finance Minister Pravin Gordhan's 2013 budget to the government: get with the programme.
The business sector has mostly responded positively to the budget announced by Finance Minister Pravin Gordhan in Parliament.