𝐒𝐀𝐓𝐀𝐖𝐔 𝐑𝐞𝐚𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝐌𝐞𝐝𝐢𝐮𝐦-𝐓𝐞𝐫𝐦 𝐁𝐮𝐝𝐠𝐞𝐭 𝐏𝐨𝐥𝐢𝐜𝐲 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭
The South African Transport and Allied Workers Union (SATAWU) notes with disappointment the Medium-Term Budget Policy Statement (MTBPS) delivered by the Minister of Finance (Tito Mboweni) on 28 October 2020. The proposed market prescriptions aimed at mitigating the economic and social crisis will fail to bring lasting solutions to the working-class. Though the economy is…