Budget clash puts South African government on brink of collapse
3 Articles
3 Articles
Budget clash puts South African government on brink of collapse
The second largest party in South Africa’s coalition, the business-friendly Democratic Alliance, launched a legal challenge on Thursday to block a 0.5% VAT increase in the country’s new budget, raising concerns that the fragile government could collapse. The background: The ruling African National Congress on Wednesday relied on support from smaller parties to narrowly pass a budget framework without the support of the DA, which objected to the …
The budget would increase the Value Added Tax by half a percentage point starting next month, with another half percentage point introduced next year
“Additional budget compilation is urgent… We need to warm up the economy”
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium