Bailout for SAA will badly harm citizens’ wellbeing and dignity
The Treasury has now surely enabled further bailouts, which can only come at the expense of the safety, dignity and jobs of the citizens of SA
29 October 2020 - 11:40
The medium-term budget policy statement (MTBPS) delivered by finance minister Tito Mboweni confirmed our biggest fear — that provincial and municipal governments, who are at the coalface of service delivery, would take the hit to fund another bailout of SAA.
The fact is that the Western Cape provincial budget has been cut by R86.61m in this financial year to fund the R10.5bn bailout to SAA, through cuts to conditional grants as follows:..
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