Parliament's Budget Office, says the fuel levy reduction announced by the Finance minister, Enoch Godongwana, last week was a necessity. The PBO briefed Parliament's Finance committee on the Medium Term Budget Policy Statement delivered by Godongwana last week. The office was established to provide independent, objective and professional advice and analysis to Parliament on matters related to the budget and other money Bills. Last week Godongwana announced a drop in fuel levies – diesel will drop by three rand per litre and the petrol levy will drop by one rand-50 cents per litre on 4 November, before tapering down in December. Zalene Merrington reports…