MegaBanner-Right

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » National debt, fuel relief package on list of expectations for MTBPS

National debt, fuel relief package on list of expectations for MTBPS

CAPE TOWN – Political parties have given a long list of what they expect from Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS).

Mboweni will table his MTBPS on Wednesday, just a couple of weeks after taking up the helm at National Treasury.

Mboweni has also taken to Twitter to ask South Africans what they want included in the policy statement.

The Democratic Alliance (DA) wants the Finance Minister to present a credible plan to boost economic growth to at least 3%.

The party wants Mboweni to also explain his flirtation with radical economic transformation, as well as his views on state ownership.

DA Finance spokesperson David Maynier has listed what the party calls a “six-pack” of challenges that will have to be dealt with by Mboweni.

“We think the most important challenge is for the minister to hold the fiscal line by announcing a comprehensive review and presenting a credible plan to stabilise national debt.”

The Inkatha Freedom Party says it expects a “relief package” for South Africa to lower petrol prices and also expects Mboweni to suspend fuel levies.


Source:

EWN

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

40 years of PC-based control 

40 years of PC-based control  From a technological revolution to a  global standard  When Beckhoff elevated the industrial computer to the status of a  central control...

Safety, hygiene and quality management in Africa’s pharmaceutical manufacturing

Safety, hygiene and quality management in Africa’s pharmaceutical manufacturing: VEGA strengthen compliance and efficiency Africa’s pharmaceutical sector is undergoing a significant transformation as demand for medicines...

MUST READ

As Demand for AI Safety Technology Accelerates, Verdantix Identifies viAct Among...

As Demand for AI Safety Technology Accelerates, Verdantix Identifies viAct Among Leading Innovators As enterprises grapple with fragmented safety systems driven by multiple video analytics...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.