Finance minister Tito Mboweni has been given a list of suggestions from the DA for his emergency budget speech on Wednesday.The official opposition has advised finance minister Tito Mboweni to resist looking for"shortcuts" on Wednesday when he tables the emergency budget brought about by Covid-19.
The party's shadow finance minister Geordin Hill-Lewis also cautioned against toying with resorting to quantitative easing or tapping into pension funds to close the budget gaps emanating from the coronavirus lockdown. Those whose livelihoods get destroyed by the economic impact of the lockdown must lay the blame squarely on an ANC government that has “blood on its hands”, said the DA.
“South Africans did not stand a chance. The most damning indictment of this government and its predecessors is that the country entered the Covid-19 pandemic vulnerable and with no cover.
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