Reviewing the Question: Budget 2008

by ALTMAN, M., 2008
Human Sciences Research Council Review article

The 2008 budget says that ‘reducing joblessness remains South Africa’s most critical challenge’. There are many elements in the budget that will support growth and employment, but it is not so easy to see how it comes together. The budget is one of the government’s most powerful instruments, and an important expression of its priorities. Stakeholders need to see more clearly how major budget choices contribute to the Accelerated and Shared Growth Initiative for South Africa (AsgiSA) targets. There are many important decisions required to halve unemployment and poverty that concern social grants, public personnel, the expanded public works programme (EPWP), the proposed wage subsidy, public transport, support to the state-owned enterprises, and more.