CHARLES MOLELE
COSATU says it is expecting a “People’s Budget” with a comprehensive plan on how to fix SA’s crippling economy as outlined in the ANC’s key conference resolutions and various election manifestos.
The Minister of Finance Mr Enoch Gondwana will deliver his 2023 Budget Speech to members of the National Assembly on Wednesday against the backdrop of rising inflation, high interest rates and the load-shedding crisis.
The Budget Speech, which is preceded by the President Cyril Ramaphosa’s State of the Nation Address (SONA), is expected to provide details of government spending and make proposals about how the priorities outlined in the SONA would be funded.
The federation said Wednesday’s budget by Godongwana needs to move away from the ineffectual and failing budget cuts that have only served to “suffocate and squeeze” an already struggling economy.
It added that the federation believes the country is facing at least five critical
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