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ANC and Cosatu welcome adoption of fiscal framework

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By Johnathan Paoli

The African National Congress and the Congress of South African Trade Unions have hailed Parliament’s adoption of the 2025 Budget Fiscal Framework and Revenue Proposals as a victory for the working class and the country’s pro-poor economic agenda.

However, they both stressed the need for alternative revenue measures to mitigate the impact of proposed tax hikes.

ANC spokesperson Mahlengi Bhengu-Motsiri reiterated the party’s commitment to a progressive, people-centred fiscal framework that prioritised economic recovery and social protection.

“These principles are consistent with the ANC’s long-standing policy positions and affirm our focus on advancing equity, justice, and inclusive growth,” she said.

She emphasised that the budget should not be used for political point-scoring but should focus on addressing the needs of the most vulnerable.

The spokesperson outlined the three critical principles supported by the ANC: reconsideration of the proposed 0.5% VAT increase due to its impact on low-income

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