Opposition Parties Reject Budget 3. 0, Say It Has Failed the Poor
- On 21 May 2025, Finance Minister Enoch Godongwana presented the revised Budget 3.0 in South Africa amid mixed political reactions.
- The budget followed public backlash and a legal challenge by the DA that removed a proposed VAT hike, requiring replacement revenue measures like fuel levy increases.
- Opposition parties criticized the budget for increasing fuel levies, failing to address unemployment, and lacking progressive tax reforms to ease hardships facing the poor.
- Specific data include a 16-cent petrol and 15-cent diesel fuel levy rise from 4 June, a revised economic growth forecast lowered from 1.8% to 1.4%, and a R7.5 billion boost to SARS funding.
- The budget signals a temporary pause in austerity spending but risks deepening social crises without meaningful economic growth or job creation proposals, prompting calls for close monitoring and fiscal alternatives.
13 Articles
13 Articles
2025/26 Budget Statement: Budget 3.0 continues the anti-poor direction of the’ Government of National Unity’ - AIDC | Alternative Information & Development Centre
The Alternative Information and Development Centre is convinced that the Budget tabled by Minister Enoch Godongwana will further impoverish South Africans, exacerbate unemployment and deepen the social crisis tearing our country apart. The past five years have hollowed out critical public services such as education and healthcare, leaving over a hundred thousand funded posts vacant, with many more removed from the departmental organograms. Follo…
Budget 3.0 tentatively accepted by some political parties – The Mail & Guardian
Political parties remain divided over the revised Budget 3.0, tabled by Finance Minister Enoch Godongwana on Wednesday, with some labelling it “a hollow response to economic hardship”, while others cautiously welcomed it as a necessary fiscal reset. The Economic Freedom Fighters (EFF) led the charge against the latest version of the 2025 Budget, dismissing it as an “austerity budget” that offers no meaningful relief to poor and working-class Sou…
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