There can be no economic growth in Free State under ANC government
6 March 2019
Economic growth can simply not flourish in the Free State or the rest of South Africa with the ridiculous policy direction of the ANC. One of the Free State's biggest contributing factors to the national GDP, namely the agricultural sector, is repeatedly hampered by various factors like the uncertainty regarding property rights due to expropriation without compensation, insufficient drought relief and a lack of support for farmers from the government's side.
The R38 million budgeted for Macufe should rather have been used to supplement the inadequate R13,5 million allocated for drought relief. These funds should have been put to better use, like ensuring food security, stimulating job creation and saving commercial farmers from financial ruin.
The nearly R20 million reduction of conditional allocations for agricultural support programmes over the medium term goes to show that the ANC has no regard for the significance of the agricultural sector in our country.
The problem of unemployment is also not adequately addressed by the medium-term budget.