Zwelinzima Vavi is the general secretary of the South African Federation of Trade Unions (Saftu) The South African Federation of Trade Unions (Saftu) is not surprised by the under-ambitious expenditure framework of the ANC government from 2022 to 2024.
As pronounced by Finance Minister Enoch Godongwana in the Medium-Term Budget Policy Statement (MTBPS), the spending proposals affirmed the “fiscal consolidation” – meaning brutal austerity or cut of expenditure – that the ANC government ushered in just as the Covid-19 pandemic hit in early 2020, starting with Treasury’s R3,9-billion cut in health spending.
Did not change the fiscal consolidation […]
Full Post at www.dailymaverick.co.za