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The Standing Committee on Finance agreed that the push for Parliament to rush legislative amendments that were tabled only in late August to stave off greylisting by the Financial Action Task Force was ‘irregular’, ‘unacceptable’ and ‘unprecedented’.
Finance Minister Godongwana let slip that the 2022 Budget will emphasise containing debt and effective spending.
ANC MP Noxolo Abraham says they expect Mboweni to announce more funding for coronavirus vaccines as the country starts to vaccinate health care workers as well as a solid economic recovery plan. “We expect [that] the minister will talk to the provision of sufficient funding for government’s response to the challenges that are facing our country – an aggressive vaccine roll-out to protect front line workers the most vulnerable groups. An additional building [of] our own capacity to manufacture vaccine or in line to economic reconstruction and recovery [plan],” adds Abraham. Economists ...