ISAAH MHLANGA: Basic income grant is necessary and should be on-budget
It means making hard policy trade-offs within the existing budget framework to ensure fiscal sustainability
Temporary tax revenues should not be used as a basis for introducing permanent expenditures. Specifically, current commodity-based tax revenues are temporary and should not be used as the basis for introducing a basic income grant. It is fiscally imprudent to do so.
A basic income grant is necessary in SA, but it must be done on-budget, which means making hard policy trade-offs within the existing budget framework to ensure fiscal sustainability...
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