'South Africa is not going to collapse' - Cabinet allays concerns over fiscal constraints

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'South Africa is not going to collapse' - Cabinet allays concerns over fiscal constraints
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Cabinet says the budget shortfall is not unique to South Africa, given the state of the global economy, the country's struggling domestic economy and its debt problem.

will soon meet with individual ministers to review their progress in implementing agreed-upon priorities and ensure that fiscal constraints do not derail these plans, Ntshavheni said. This is part of government's in-year performance review process.

She said that government was not considering scrapping any projects or programmes due to the state of the country’s finances, adding: At the moment, there are no specific projects that Cabinet is looking to cut, but we have acknowledged that there are inefficiencies within the systems that if those inefficiencies are improved, they can be both in the short and medium, be serious improvements in the budget.

Ntshavheni said that Godongwana would announce the full measures that government would take to address the budget shortfalls during MTBPS. She added that the presidency was in discussions with Treasury about reducing the size of the Cabinet to tackle the budget shortfalls. “There is work to review the entirety of government, which is the work that is being undertaken by National Treasury and the presidency.”In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.

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