End lockdown now to save the economy, DA tells Tito Mboweni

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The official opposition party has advised finance minister Tito Mboweni to resist looking for shortcuts on Wednesday when he tables the emergency budget brought about by Covid-19.

According to the DA, while the lockdown worsened the country’s economic growth misfortunes, the crisis was a long time coming due to the governing party’s “dangerous and unsustainable economic trajectory”.

“Poor economic growth and high debt have obliterated South Africa’s ability to engage in counter-cyclical measures - to save in times of plenty and to spend in a time of crisis,” reads part of the DA’s document. “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.

End Eskom’s monopoly and open the electricity market to competition by allowing municipalities to buy directly from producers;National Health Insurance

 

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