DA does not support permanent expansion of grants, for now - The Democratic Alliance tabled its ‘alternative’ medium-term budget with its own projections, ahead of Finance Minister Enoch Godongwane’s maiden budget on Thursday
“Given how much focus there has been on social protection and a basic income grant, any sort of commentary in the review on that or whether the social relief or distress grant will be extended will be quite important,” Hugo Pienaar, chief economist at the Bureau for Economic Research previously told theSarupen said the medium-term budget should make provision to cushion the poor and vulnerable against inflationary pressures.
Dion George, the DA spokesperson for finance, said Godongwana’s medium-term budget will be a key determinant of the pace at which South Africa’s postpandemic economic recovery will unfold. “While Eskom regrets the escalation in load-shedding, it is necessary to ration the remaining emergency generation reserves,”George said it is time for the treasury to enable South Africans to become independent of Eskom through a 100% solar power rebate.
Further the DA said the medium-term budget should provide a clear fiscal departure away from emergency budgeting, implemented to address the short-term effects of the pandemic, towards a resilient fiscal framework that is focused on a balanced budget, economic growth and job creation.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mashaba signals deal with DA and EFF in Joburg coalition talksFormer mayor says his resignation from the DA in 2019 is ‘water under the bridge’
Read more »
Inside ActionSA's coalition talks: DA and EFF courting Joburg-hungry MashabaActionSA on Tuesday revealed that it had held informal coalition talks with both the DA and the Economic Freedom Fighters.
Read more »
Herman Mashaba tips the EFF as a better coalition partner than the DA | CitypressThe EFF is a better political party to form a coalition with, compared with the DA. These are the sentiments of ActionSA leader Herman Mashaba, who commends his relationship with the red berets in fighting corruption.
Read more »
LETTER: DA can and must save SAANC will likely end up governing five major metros in coalition with the EFF
Read more »
Tone down the arrogance if you want to work together, Mashaba tells DAActionSA leader Herman Mashaba said the DA will have to tone down its arrogance if the parties are to work together in coalition governments.
Read more »
Tone down the arrogance if you want to work together, Mashaba tells DAActionSA leader Herman Mashaba said the DA will have to tone down its arrogance if the parties are to work together in coalition governments.
Read more »