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Democratic Alliance leader and Premier of the Western Cape, Helen Zille. Sapa
Make it good, Manuel
Mon, 20 Oct 2008 12:00
Poverty, job creation, promoting economic growth and broad-based
empowerment should remain the primary priorities for the medium-term
budget policy statement to be introduced by finance minister Trevor
Manuel in Parliament on Tuesday, the DA said Sunday.
Democratic Alliance chief whip Ian Davidson said in a statement that
with inflation upwards of 13 percent and economic growth already estimated by
some private sector sources to be hurtling down to 2.8 percent of GDP next
year, it was clear that the poor, whether unemployed, or employed in
the informal or formal sectors, were most at risk and that potential
investors and entrepreneurs were most likely to be discouraged.
Social welfare
"The Democratic Alliance would therefore welcome as great an
increase in social welfare assistance to the poor as can be made
available without sacrificing important pillars of growth - such as the
maintenance of a small budget surplus and keeping the commitment to a
fixed inflation target band," Davidson said.
"The DA wishes Minister Manuel well for what could be his final
mid-term budget policy statement and trusts that the he and the
government will use this auspicious occasion to signal a firm
commitment to economic policy continuity, and the prioritisation of
economic growth as the only key to reducing the massive inequalities
that still bedevil our society."