MTBPS: Minister Godongwana Defends Treasury's Growth Stance Amid Widespread Criticism

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Finance Minister Enoch Godongwana is defending the treasury's stance on the country's economic growth, citing the need to salvage electricity, logistics and crime.

Despite criticism, Godongwana stands firm on the treasury's economic growth strategy, emphasizing South Africa's unique challenges has been the centre of discussion among commentators and political parties, with many saying the tabled fixes are bound to do more harm than good.Follow Briefly News on Twitter and never miss the hottest topics! Find us at @brieflyza!outages, and that has had an impact on growth levels.

Godongwana's stance on the country's much-needed growth left a bitter taste in the tongues of commentators, who believe that the country's economic crisis will not be solved by fixing supply-side challenges, or by boosting consumer demand by"If a bleak picture has been painted, why are we then proposing to write off the debt owed to Eskom by municipalities? Make this make sense.

"No plans to stimulate the economy, very little budget to keep SA afloat. The poor will become poorer until they adopt policies to drive the economy.""Townships and informal settlements will continue not paying for electricity. Those who pay will pay on their behalf through taxes. It's a tradeoff to vote anc. We continue buying votes with the R350 paid by taxpayers.

 

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