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COSATU Submission on the 2017/18 Medium Term Budget Policy Statement

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Presentation on theme: "COSATU Submission on the 2017/18 Medium Term Budget Policy Statement"— Presentation transcript:

1 COSATU Submission on the 2017/18 Medium Term Budget Policy Statement

2 Introduction Governance and economic crises; Leadership; Plan; and
Engage labour, business etc.

3 Jobs Election Manifesto; 36.2% unemployment and rising;
EPWP/ CWP and public service vacancies freeze; Casualisation and labour brokers; Job targets missed; Jobs Summit and Stimulus Plan; and UIF expansion delays.

4 Governance & Corruption
Government integrity and credibility; Wasteful expenditure and looting; Full scale forensic audits of SAA, SASSA, SABC, SSA, Denel and Eskom; Prosecutions; and Asset forfeiture.

5 State Owned Companies Collapse of good governance;
Downgrading and foreign investment; Debt recall and IMF; PIC protection bill; and PIC bail out.

6 Fiscal, Monetary and Revenue Policies
SARB interest rate cuts; Tax hikes and VAT; Luxury Goods and Import Tariffs; Tax Evasion; and Life style audits.

7 Debt and Expenditure Levels
R3 trillion; PSCBC Engagements: Vacancies; Expenditure cuts; Wasteful expenditure; Wage gaps and bill; and Sale of state assets.

8 Energy Nuclear; Tariffs; and Solar panels.

9 Social Security SASSA; SAPO; and CPS deductions.

10 National Health Insurance
Fast track and readiness; Pro-poor; and Tax rebates.

11 Basic Education 3 out of 115 new schools;
1 out of 344 schools for water; 4 out of 257 for sanitation; and 29 out of 77 for electricity.

12 Higher Education and Training
Engage on free and affordable tertiary education; and Delays and violence.

13 Water and Sanitation Crisis; National and local plans; and Targets.

14 Transport MyCiti vs. rest of SA; and PRASA; and Metro Rail.

15 Recommendations President and compromised ministers’ resignations;
Cabinet cuts; Jobs summit and economic stimulus plan; SOEs leadership overhaul; SOEs and SSA forensic audits, and prosecutions and asset forfeitures;

16 Recommendations CPO deployments to SOEs, SSA and Local government;
Tax evasion and SARS leadership; Life style audits; Wasteful expenditure; PSCBC engagements; and PIC protection bill;

17 Recommendations Nuclear; SASSA; School infrastructure;
Free and affordable tertiary education; and Water crisis war room.

18 Leadership from the State
Actions; Consequences; Humility; Engagement and plan of action; and Implementation.


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