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FF Plus’ proposals to fix the ANC’s botched actions with the country’s financial affairs

The ANC government has transformed South Africa to the brink of the abyss and the credit rating agency Standard & Poor’s rating of South Africa to a level of just above ‘junk status’ proves this, Adv. Anton Alberts, the FF Plus’ parliamentary spokesperson on Finance said.

Adv. Alberts said during the parliamentary debate on the Consideration ofFiscal Framework andRevenue Proposals and ofReport of SC on Finance this view is not an exaggeration and is based on a realistic consideration of the future of the country.

He said that serious notice should be taken of the submission that Prof. Jannie Rossouw of UNISA made to the Standing Committee.

Prof. Rossouw and his colleagues clearly show how South Africa finds itself at the brink of a fiscal abyss. Drastic changes will therefore have to be made to prevent a dark future. These changes include the following:

It is understandable that there is pressure on the minister to follow a wrong path due to ideological reasons. If the minister and the ANC continue with this wrong path, they will not later on be able to say that they had not been warned,” Adv. Alberts says.

 

Contact no.: 082 391 3117 / 083 419 5403

 

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