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Opposition to Mboweni: “No to bailouts and more taxes”

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No to tax increases and no to another SAA bailout.

Opposition parties have said they want Finance Minister to “draw a line in the sand” when he presents the medium-term budget policy statement on Wednesday.

They said his priority should now be how to cut growing debt and still be able to make the economy work.

The biggest elephant in the room on Wednesday will undoubtedly be if the Finance Minister comes under pressure from the government to save SAA.

The opposition agrees that Mboweni will have to produce cost-cutting and belt-tightening measures in an economy that is already in trouble.

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