{"id":75791,"date":"2024-10-31T16:10:00","date_gmt":"2024-10-31T16:10:00","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/mtbps-free-market-foundation-calls-for-cabinet-to-be-downsized"},"modified":"2024-10-31T16:10:00","modified_gmt":"2024-10-31T16:10:00","slug":"mtbps-free-market-foundation-calls-for-cabinet-to-be-downsized","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/mtbps-free-market-foundation-calls-for-cabinet-to-be-downsized","title":{"rendered":"MTBPS: Free Market Foundation calls for Cabinet to be downsized"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>Think tank, Free Market Foundation, has called for Cabinet to be downsized as the country continues to weigh its finances.<\/p>\n<p>The latest call comes as the National Treasury prepares to table the medium-term budget policy statement (MTBPS) at the National Assembly on Wednesday.<\/p>\n<p>While the MTBPS comes amid a better outlook for the country\u2019s public finances, officials that hold the strings to the public purse have warned that tight measures need to be in place to limit spending and bring debt down.<\/p>\n<p>Head of policy at the Free Market Foundation, Martin van Staden, said Finance Minister Enoch Godongwana needs to have tough talks with President Cyril Ramaphosa about the bloated Cabinet.<\/p>\n<p>&#8220;The \u2018Government of National Unity\u2019 was received and born in sin. Minister Godongwana must assist the president to bring about necessary fiscal prudence by reigning in out-of-control public sector spending, particularly public sector wages, provide some tax relief, and rid the government balance sheet of uneconomic, costly state-owned enterprises.&#8221;<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-africa\">South-Africa<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. Think tank, Free Market Foundation, has called for Cabinet to be downsized as the country continues to weigh its finances. The latest call comes as the National Treasury prepares to table the medium-term budget policy statement (MTBPS) at the National Assembly on Wednesday. While the MTBPS comes amid a better outlook for [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":75790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[274,315,275],"class_list":["post-75791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MTBPS: Free Market Foundation calls for Cabinet to be downsized - South Africa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mtbps-free-market-foundation-calls-for-cabinet-to-be-downsized\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTBPS: Free Market Foundation calls for Cabinet to be downsized\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; South-Africa. Think tank, Free Market Foundation, has called for Cabinet to be downsized as the country continues to weigh its finances. The latest call comes as the National Treasury prepares to table the medium-term budget policy statement (MTBPS) at the National Assembly on Wednesday. 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