Budget Speech 2021: Public sector wage cuts in focus ahead of Mboweniâs speech
By Mwangi Githahu
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Cape Town - Whether or not Finance Minister Tito Mboweni will announce far-reaching public sector wage cuts is the main point ahead of his Budget speech, according to forecasts from economists, political analysts, unions, business and farmersâ groups.
Economist Dawie Roodt said: âMinister Mboweniâs Budget is not going to be a pretty picture, as the state is falling apart financially. He must cut spending on the public service wage bill or at least slow it down considerably, but will he be able to get away with this politically? That is the crux of the matter.