ASSURANCES TO INVESTORS COMPROMISED
Government policy change on the cards
Minister in the Presidency Jeff Radebe is compiling a report that indicates there may be policy change in the next budget
Moves are afoot to change government policy despite repeated assurances the recent cabinet reshuffle did not signal a shift in state policy. Minister in the Presidency Jeff Radebe is compiling a report that indicates there may be policy change in the next budget. The Department of Performance Monitoring and Evaluation, which is based in the Presidency, is putting together the Budget Priorities report. Radebe said on Tuesday he would finalise a "budget priorities" paper by the end of May to align the 2018-19 budget and the National Development Plan. The paper would be presented at the mid-year cabinet lekgotla. Although Radebe insisted his department would not undermine the budgeting process or the Treasury, the preparation of the document signals there may be a shift in government policy with an emphasis on radical economic transformation. The budget process, said Radebe, was now set to comprise two parts. This was in line with a proposal in the ANC discussion documents that the Pre...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.