Austerity refers to utilising the scarce resources government extracts from taxpayers in a responsible fashion. This invariably means extracting and spending as little of it as is reasonably possible, and when spending it, doing so only where absolutely necessary – as opposed to expedient. The FMF calls on government to limit its spending strictly to those matters explicitly or by necessarily implication referred to in the Constitution.
The South African government currently engages in a lot of expensive non-governmental work that crowds out personal and community responsibility, and stifles private sector growth.
David Ansara was featured in the Business Times (Sunday Times) on Sunday, 5 November, on the FMF’s reaction to the inadequate levels of austerity evident in the 2023 medium-term budget policy statement.
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