MTBPS: Labour federations expect Godongwana to refrain from 'austerity measures'

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Trade union federations want Finance Ministerthe minister Enoch Godongwana to protect the public sector when he navigates South Africa's fiscus, and map a way forward for the country's finances.

JOHANNESBURG - Organised labour in the country said it wants Minister of Finance Enoch Godongwana to consider service delivery when he tables his Mid-Term Budget Policy Statement.

The Congress of South African Trade Unions and the South African Federation of Trade Unions said the minister must protect the public sector when he navigates South Africa's fiscus, and map a way forward for the country's finances.Labour met with the finance minister and the president last week, warning against cuts in health, education and security.

The trade union federations made it clear that they they don't want to hear the phrase "austerity measures".Spokesperson Trevor Shaku made mention of Saftu's wish list: “The freezing of posts, cutting the procurement on goods and infrastructure should not go ahead as planned in the cost-cutting containment measures.”

Meanwhile, the African National Congress-aligned Cosatu said it was assured that there would be no devastating impact on the services rendered to citizens by the State. “We’re also hoping he’s going tell us how he’s going to ringfence the key priorities we have in the country on education, health, and security,” said its President Zingiswa Losi.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in BUSİNESS

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.

MTBPS: Godongwana should address SA’s economic slump, joblessnessThe jury is still out on how much Finance Minister Enoch Godongwana will push belt-tightening in his MTBPS on Wednesday.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

MTBPS: Godongwana plans to raise borrowing to cushion the blow of budget cutsFinance Minister Enoch Godongwana admitted at the Kgalema Motlanthe Foundation’s annual Inclusive Growth Forum over the weekend that the Treasury has had to make some tough calls on government spending.
Source: ewnupdates - 🏆 30. / 53 Read more »

Increasing taxes will not resolve SA's fiscal crisis, says DA ahead of MTBPSThe Democratic Alliance (DA) says it will not support any more debt transfers from ailing state-owned companies when Finance Minister Enoch Godongwana tables the Medium-Term Budget Policy Statement (MTBPS) in Parliament on Wednesday.
Source: ewnupdates - 🏆 30. / 53 Read more »