DURBAN, January 20 (ANA) – Finance minister Tito Mboweni has asked South Africans to send him their ideas on how to grow the country’s ailing economy.
Mboweni will deliver the 2020 national budget speech on February 26 and would like the public’s views on the following question:
What can government do to achieve faster and more equitable economic growth?
Answers can be sent via Twitter to @TreasuryRSA with the hashtag #TipsForMinFin and #Budget2019.
Responses can also be posted at the Treasury website: https://web.treasury.gov.za/public/Tips
“As usual the budget allocation always aims to strike a balance amongst competing national spending priorities. It is in this context that minister Mboweni invites South Africans to share their views about economic conditions and other issues they would like government to highlight in the budget,” said Mboweni’s office on Monday.
Here are some of the suggestions on Twitter to date:
Lower crime by paying youth monthly stipends which should be substituted with Child Grant’s for anyone under 23yrs.This will both reduce the situation of young girls having kids just to access monthly grant which leads to children raising children.
— marc osunde (@princeosunde) January 20, 2020
Not like any of these will be implemented but then 🤷🏽♂️ #TipsForMinFin #Budget2019
Decrease budget allocations for all departments with adverse AGSA reports.
Merge local Municipalities and districts with Provincial Gov to cut down wasteful expenditure https://t.co/2NSB13IAzl
— Sizwe Shiba (@SizweShiba) January 20, 2020
@TreasuryRSA #TipsforMinFin where government cannot deliver services, is the Minister able to reimburse communities for incurring extra costs of taking initiatives to self service? This is the real Masakhane. Not waiting for government to do everything.
— Bazooka (@Bazooka83150111) January 20, 2020
— Nigel_Branken (@Nigel_Branken) January 20, 2020
@TreasuryRSA An account is required of the states assets and the condition of these assets to avoid current maintenance issues. Too much focus on Capex, the money ain’t there, we build build build but we don’t maintain, a ticking time bomb. #TipsForMinFin
— Ms K 🎱 (@Kea_AM) January 20, 2020
My Top 3 Tax Tips for @tito_mboweni
1. Vat on luxury cars (R1m+) increased to 18%. Boost Tax Take.
2. Vat for hotels and restaurants cut to 12.5%. Boost trade & employment in the sector.
3. ETI bands to be adjusted for up for inflation. ETI working #TipsForMinFin @TreasuryRSA
— Mark Tobin (@mtobinwex) January 20, 2020
Author: ANA Newswire