SAA bailout like taking from the poor to save the 'well-to-do' - Commission

SAA has been allocated R10.5 billion for its business rescue process, the funds were reprioritised from other departments.
SAA has been allocated R10.5 billion for its business rescue process, the funds were reprioritised from other departments.
Silas Stein/picture alliance via Getty Images

Next year is set to be a difficult year for South Africa, with government planning expenditure cuts, the question is how might this impact service delivery, Parliament has heard.

The Financial and Fiscal Commission on Tuesday briefed a joint sitting of the Standing Committee on Appropriations and the Standing Committee on Finance on the medium-term budget policy statement or mini budget.

Finance Minister Tito Mboweni last week tabled the mini budget, and announced that South African Airways would get R10.5 billion for its business rescue process. The decision has been met with criticism by opposition parties as the monies are to be reprioritised from national departments and their public entities as well as conditional grants to local and provincial governments.

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