COSATU presented its submission on the 2023/4 Budget's Fiscal Framework and Revenue Proposals to Parliament today
The Congress of South African Trade Unions (COSATU) presented its submission on the 2023/4 Budget's Fiscal Framework and Revenue Proposals to Parliament’s Standing and Select Committees on Finance’s hearings. COSATU is deeply worried that the Budget is tepid and insufficiently bold to stimulate an economy still struggling to emerge from a devastating recession and a global pandemic; reduce a dangerously high unemployment rate of 42.6%; and rebuild a state weakened by a decade of state capture, corruption and reckless austerity budget cuts. Whilst it is important to...