The People Against Budget Cuts (PABC) argues that the 2026 Budget is fiscally regressive, prioritising tax breaks for the wealthy and elite while failing to address structural poverty and unemployment.
The People Against Budget Cuts (PABC) argues that the 2026 Budget is fiscally regressive, prioritising tax breaks for the wealthy and elite while failing to address structural poverty and unemployment.
The Alternative Information & Development Centre (AIDC) argues that the proposed fiscal framework for the 2026 Budget may worsen poverty and unemployment in South Africa, which is the most unequal country in the world.
The Alternative Information and Development Centre (AIDC) rejects the 2026 National Budget as a continuation of austerity, liberalisation, and investor-friendly policymaking that prioritise capital over the lives and dignity of the working class and poor.
The AIDC proposes alternatives to austerity, including enhancing tax progressivity and addressing tax evasion to increase public sector funding.
The Alternative Information & Development Centre (AIDC) made written and oral submissions to the standing and select committees on finance on the fiscal framework and revenue proposals in May 2025.
We are concerned that very little is mentioned about how to address the problem of mass unemployment.
The economic outlook should prioritise overcoming poverty, unemployment and inequality, rather than focusing on debt stabilisation as the primary goal.
The AIDC submission addresses the National Treasury’s fiscal policies, including the disproportionate weighting placed on debt-to-GDP as opposed to targeting reductions in poverty, inequality and unemployment.
