On Monday, the DA called for the government to immediately end the lockdown and replace it with a standard set of evidence-based safety rules and guidelines, where each regulation is directly linked to reducing the spread of Covid-19.
DA shadow minister of finance Geordin Hill-Lewis said Mboweni must present a budget that “builds national resilience” and “helps SA brace for the impact of economic depression”. “There is no doubt that the ANC-led government will table this ‘emergency budget’ with blood on its hands,” said Hill-Lewis.
“Minister Mboweni must show a credible path to debt sustainability, a commitment to lowering the cost of debt, and he must ‘hold the line’ on public wages and bailouts. “Most importantly, he must demonstrate a real commitment to sweeping economic reform to get the economy growing. Without deep reform, a full-blown sovereign debt crisis is all but unavoidable.”
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
EDITORIAL: Bold, out-of-the-box thinking neededWill finance minister Tito Mboweni surprise with his revised crisis-time budget?
Source: BDliveSA - 🏆 12. / 63 Read more »
End lockdown now to save the economy, DA tells Tito MboweniThe 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.
Source: SundayTimesZA - 🏆 47. / 51 Read more »