Revise your budget and make it pro-poor Mthuli Ncube told
Norton legislator Temba Mliswa has urged Finance Minister Mthuli Ncube to revise his supplementary budget and make it pro-poor.
The supplementary budget has been criticised for trying to impose more tax burdens on struggling citizens.
However, legislators are of the view that the budget is not pro-poor and needs to be revised.
Speaking in the National Assembly, Honourable Mliswa said it doesn’t make sense to continue imposing tax burdens in a poor economy.
‘’Madam Speaker, let us talk about the IMTT. This is where we make a mistake by them talking about a surplus.
‘’You see we are excited about taking money surplus but a surplus does not work in an inflationary environment. This is when the Minister is then asked, you made a surplus, where did the money go?
‘’So you have a situation where you are comfortable with taxing in an inflationary environment with a poor economy. ‘’We were very clear that the budget must be pro-poor and you cannot have a pro-poor budget when you are heavy on taxation. You cannot do that. So it is important for the Minister to look at it and go back to what it is supposed to be – a pro-poor budget,’’ he said.
Revise your budget and make it pro-poor Mthuli Ncube told