NATIONAL NEWS - The Democratic Alliance (DA) says that Wednesday’s medium-term budget policy statement (MTBPS) is a chance for Finance Minister Malusi Gigaba to take decisive action to reverse the country’s economic decline.
The party’s David Maynier and Alf Lees are briefing journalists in Parliament.
Gigaba is set to deliver his first MTBPS in Parliament on Wednesday.
Maynier says that the economy is in trouble and that Gigaba has little room to manoeuvre.
"We are now in deep economic trouble with weak economic growth, staggering unemployment, significant fiscal slippage, vulnerable financial institutions, zombie state-owned enterprises, major long-term fiscal risks and, of course, ratings agencies ready to pounce."
DA: Gigaba must focus on big 5 challenges
Share
Malusi Gigaba.
Read more about:
challenges
malusi gigaba
DA
democratic alliance
Posted on: 13:13 Mon, 23 October 2017
More Group Editors Publications & Online Platforms
Suid-Kaap Forum proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 0114843612.
Copyright 2025 Group Editors Company (Pty) Ltd, Registration Number 1963/002133/07 t/a Suid-Kaap Forum
