MTBPS2018: Tito Mboweni needs to get serious about cutting wasteful expenditure in SA

23 October 2018

We cannot expect ordinary people, who are battling to make ends meet, as a result of tax increases and petrol price hikes, to continue to fork out for:

- bloated executives, and legislatures, which will cost R50 billion over the medium term between 2018/19 and 2020/21;

- staggering national debt, and debt service costs, which will cost R592 billion over the medium term between 2018/19 and 2020/21; and

- zombie state owned enterprises, such as South African Airways, which will cost R22 billion over the medium term between 2018/19 and 2020/21.

Which is why we need a comprehensive spending review focused on cutting wasteful expenditure in South Africa.

Issued by David Maynier, DA Shadow Minister of Finance, 23 October 2018