DA proposes R9.52bn amendment to Gordhan's budget | Fin24
  • Covid-19 Money Hub

    The hub will help answer your business and money questions during the coronavirus crisis.

  • Cigarette Ban

    British American Tobacco says the ban harms the 'emotional well-being' of smokers.

  • Rand Rigging

    The Competition Commission has revived its case against banks accused of manipulating the currency.


DA proposes R9.52bn amendment to Gordhan's budget

May 16 2016 11:56
Duncan Alfreds

Cape Town - The Democratic Alliance has announced that it will propose a R9.52bn adjustment to Finance Minister Pravin Gordhan's 2016/17 budget on Tuesday.

In a statement on Monday, the DA said it would propose 399 amendments to fund six proposals, aimed at improving the lives of people in South Africa.

The amendments are aimed at among others creating jobs by allocating an additional R1.2bn to fund about 180 000 new employment opportunities in the Expanded Public Works Programme, according to DA shadow minister of finance David Maynier.

The DA’s proposals include a “hiring freeze” in departments that party had not “firewalled” in terms of spending priority. This would result in R538.84m in savings, said Maynier.

The DA also targeted discretionary cuts to VIP Protection (R7.3m), Secret Service (R233m), Brics Bank (R3.7bn) and the proposed presidential jet (R3.4bn).

Maynier said the savings created would be used to create jobs and create social upliftment programmes.

“The proposals are aimed at creating jobs, fighting crime, supporting poor students, fighting corruption, providing relief to poor households and of course, providing drought relief.”

He added that the spending would have no effect of SA’s R139bn fiscal deficit.


da  |  pravin ­gordhan  |  budget


Company Snapshot

Voting Booth

How has Covid-19 impacted your financial position?

Previous results · Suggest a vote