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ANC Open to Dialogue with All Parties on Controversial Budget

The ANC is prepared to engage with all political parties to overcome opposition to the budget. Secretary-General Fikile Mbalula stated their readiness to negotiate within the Government of National Unity framework. However, many significant parties have publicly rejected the revised budget, even after reducing the planned tax hike.

The African National Congress (ANC) of South Africa is open to discussions with all political parties in efforts to pass this year’s controversial budget. Secretary-General Fikile Mbalula expressed this willingness during a press conference held on Thursday. Mbalula stated, “We are ready to talk to anyone in the framework of the GNU (Government of National Unity coalition) and beyond.” Despite the ANC’s readiness to negotiate, significant parliamentary parties have largely dismissed Finance Minister Enoch Godongwana’s revised budget proposal, which aimed to minimize the previously suggested increase in value-added tax.

In summary, the ANC is actively seeking dialogue with various political factions to facilitate the passage of the contentious budget. The party’s Secretary-General highlighted their openness to discussions while noting the resistance from major parliamentary parties to the proposed changes in taxation. The ongoing negotiations will be crucial for the budget’s approval.

Original Source: www.tradingview.com

Raj Patel

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