Growing calls to reject Tito Mboweni’s budget

Several leading economists and academics are lobbying for Mboweni’s supplementary budget to be scrapped. Courtesy #DStv403

JOHANNESBURG - Several leading economists and academics have banded together, to lobby for the scrapping of Finance Minister Tito Mboweni's supplementary budget.

Co-Director of the Institute for Economic Justice, Neil Coleman said discussions in civil society are ongoing "about the possibility of some type [court] of challenge."

READ: SA economy to shrink by 7.2% in 2020: Mboweni 

Coleman was speaking to Karima Brown on The Fix.

Coleman said, “what we see in this austerity budget is a regression, a massive cutting of the available resources and in fact, what treasury is doing is that they're robbing Pamela to pay Paul. They're taking away the R400-600-billion in the next few years, part of that is going to the stimulus package, and comes from the cuts in education, in transport, infrastructure, etc. It's going to have a devastating impact on the availability of education, health, transport and education to the poorest parts of the population.”

“So we think that we've probably exhausted the available routes in the relation to the number of approaches we have made to government, to the president, to the minister, and to Parliament, and therefore it is a realistic possibility to investigate the route of a court challenge based on a violation of these constitutional violations,” Coleman.

Several leading economists and academics are lobbying for Mboweni’s supplementary budget to be scrapped.Courtesy #DStv403

Source
eNCA

Paid Content