Pages tagged "Budget"


“Fiscal slippage must be stopped in order to prevent a further credit downgrade by Moody’s” – Steve Swart

“Speaker, today we consider the Fiscal Framework and Revenue proposals. This against the minister of Finances recent budget speech, which clearly showed the dire financial state our public finances are in.

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ACDP expresses concerns that Minister Mboweni has deviated from the strict fiscal consolidation path

ACDP MP and spokesman on financial matters, Steve Swart, has expressed concern that new Finance Minister Tito Mboweni, has deviated from the fiscal consolidation path required to reign in the spiraling public debt levels and instil confidence in investors and ratings agencies.

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ACDP expresses concerns about fiscal slippage and spiraling government debt

ACDP MP and spokesman on Finance matters, Steve Swart, has expressed concerns about the fiscal slippage and spiraling government debt levels as announced today by new Finance Minister, Tito Mboweni.

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ACDP calls on Minister Mboweni to adhere to a strict fiscal consolidation path

ACDP MP and spokesman on financial matters, Steve Swart, has urged new Minister Tito Mboweni, to stick to the strict fiscal consolidation path required to reign in the spiraling public debt levels and instil confidence in investors and ratings agencies.

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ACDP supports inadequate Social Development budget

The ACDP is aware of the critical role the Social Development department is expected to play in developing and implementing programmes for the eradication of poverty and social protection.

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ACDP withholds support for Basic Education Budget over cost-cutting

Like so many others, the ACDP is horrified that the budget allocation for Basic Education for 2018/19 is 2.9 percent less than last year and that grants are around R7 billion less than before.

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