Nene lays into DA, EFF in debate on Treasury budget

NHLANHLA NENE
NHLANHLA NENE

SPARKS flew in parliament yesterday as Finance Minister Nhlanhla Nene slammed both the EFF and the DA during the debate on the national Treasury’s budget.

While the DA attacked the ANC government’s stewardship of South Africa’s stagnant economy, the EFF’s Floyd Shivambu said the National Development Plan repeated previous failed policies.

In his speech Nene said South Africa’s development was a long-term project and future generations could not be burdened.

“As we knuckle down to implement the NDP we should remember that because national development is a long-term project it must be financed sustainably.”

The DA’s Dion George said South Africa’s economy was unable to recover due to the ANC government’s incoherent economic policy.

The DA wanted assurances from Nene on how the National Development Plan, which the party supports, will be rolled out. George also demanded that reins be placed on government spending, referring to the expanding number of government departments.

Shivambu said the NDP was the latest incarnation of previous government policies, saying “trickle down” economics had not worked anywhere.

“It is a fallacy that we can pursue growth first and the rest shall follow,” Shivambu said. – – Quinton Mtyala

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