Overall, it was a balanced budget and one to be embraced
Unions will not like the public-sector wage cuts, but they are better than begging international donors to keep SA afloat
28 February 2020 - 05:00
The 2020 national budget was always going to be pressurised or constrained, but as it was tabled by finance minister Tito Mboweni in parliament this week, it was also encouraging in terms of its view on expenditure as well as its growth perspective.
It was a balanced effort that now needs the buy-in of all government departments and stakeholders to take the country forward. Some of the proposals may be painful for the government’s union allies, but this will fade to insignificance should Mboweni be forced to knock on international doors for funds to keep SA afloat...
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