Government funding for SAA business rescue will not hurt other services, says David Mabuza

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The government will do all it can to minimise any adverse impact that the re-prioritisation of budget allocations to free up R10.5 billion towards national carrier SAA’s business rescue might have on other services, Deputy President David Mabuza has said.

Johannesburg -

“When Cabinet approved the support of R10.5 billion allocation to SAA, we did appreciate the state of our finances,” Mabuza said, adding that the delivery of social and other services, and investing in the country’s state owned enterprises such as South African Airways as crucial drivers for development “should not be seen as mutually exclusive”.

Government departments, the deputy president said, would have to adjust spending priorities and programmes to take into account the revised baseline allocations over the next three years tabled in Parliament last month by Finance Minister Tito Mboweni in his mid term budget policy statement. “Even as we reprioritised the budget, the consolidated expenditure over the next three years shows that there has been no negative decrease on education, health, community development and social development.”

 

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WTF Who, what and why just happened here! Who is going to take the impact of your decisions exactly? What can we expect? Why is this our problem? Hey wena, you guys got us by the balls 😫

You cannot minimize any impact of budget reprioritisation. If there's no money, then there's no money.

Huh? 🤦‍♀️🤷‍♀️🙄

What on earth does this mean?

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