Opposition to Mboweni: No to bailouts and more taxes

Opposition parties say they want the Finance Minister to draw a line in the sand when he delivers the medium-term budget policy statement on Wednesday. Lindsay Dentlinger reports. Courtesy #DStv403

CAPE TOWN - No to raising taxes and no to another bailout for SAA.

Opposition parties say they want the Finance Minister to draw a line in the sand when he delivers the medium-term budget policy statement on Wednesday.

They say his priority must be how he’s going to bring down ballooning debt and still be able to revive the economy

READ: Mboweni's mini-budget speech postponement approved

The biggest elephant in the room on Wednesday will no doubt be whether the Finance Minister bows to government pressure to save SAA.

The opposition agrees that Mboweni will have to produce cost-saving and belt-tightening measures, in an already struggling economy. 

* Lindsay Dentlinger reports. Watch the video above.

Source
eNCA