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.