MegaBanner-Right

MegaBanner-Left

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

BPO sector created 8 000 jobs and injected R2,8-billion into Cape Town’s economy in 2023

By Larry Claasen THE Business Processing Sector created almost 8 000 jobs and injected R2,8-billion into Cape Town’s economy in 2023, according to the Invest...

Economy recovering from a low base, says FNB

Following the South African Reserve Bank’s decision to keep interest rates at their previous level, FNB confirms that it will hold its prime lending...

MUST READ

City proposes modification of weirs at Zeekoevlei and Rondevlei to improve...

THE City of Cape Town proposes the redevelopment and upgrade of the weirs at Zeekoevlei and Rondevlei that are located within the False Bay...

RECOMMENDED

Cape Business News
Follow us on Social Media