IEJ Logo

Pre-Budget Submission: MTBPS 2021

IEJ's Pre-Budget Submission: MTBPS 2021

This submission argues that meaningful consultation on South Africa’s budget can only occur if National Treasury opens the debate on the effectiveness of austerity measures. Instead, National Treasury continues its decades-old approach of attempting to place the macroeconomic framework as ‘off-limits’. This submission, while responding to the questions posed by National Treasury, tackles the problematic assumptions underpinning National Treasury’s pre-determined policy stance.