The Congress of South African Trade Unions (Cosatu) rejects National Treasury’s reckless attempts to impose misguided austerity budget cuts across government in the run-up to the Medium-Term Budget Policy Statement (MTBPS).
The federation is dismayed that the Treasury has written to all State institutions instructing them to slash budgets by up to 15%, freeze all vacancies and infrastructure rollout programmes.
While we appreciate the very real fiscal constraints facing the State and the need to cut fat and
