OMPHILE MAOTWE: Neoliberal MTBPS spells disaster for struggling economy
The DA and ANC’s neoliberal policies benefit a few at the expense of the majority
01 November 2024 - 11:11
The medium-term budget policy statement (MTBPS) presented by finance minister Enoch Godongwana in the National Assembly on Wednesday spells disaster for the future of SA.
In his statement, Godongwana claimed that the economic policy path aims to maintain macroeconomic stability, implement structural reforms, build state capacity and support growth-enhancing public infrastructure. Yet in the same breath he outlines a fiscal policy that essentially hands over the responsibility for building public infrastructure and creating jobs to the private sector for profit maximisation...
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