1. COSATU’s Submission on the Medium Term Budget Policy Statement, 2014

2. Introductory Remarks
Opening comments; and
Delegation.

3. Critical Objectives for COSATU
35% unemployment;
Stagnant economic growth rates;
Triple challenges;
Corruption;
Under-expenditure; and
Wage bill.

4. Broad Macro-Economic Concerns
Counter-cyclical policies;
Radical economic transformation; and
Triple challenges crisis.

5. Economic Growth Forecasts
Economic growth and government expenditure reduction;
Costs of spending cuts;
Decline in real growth; and
International comparisons.

6. Government Expenditure Savings vs. Austerity Cut Backs
Legitimate savings vs. actual cuts;
Provincial and Municipal savings; and
Wasteful expenditure and corruption.

7. Cut Backs and Austerity
Wasteful expenditure;
Balancing the budget on the backs of the poor;
Previous state retrenchments and downscaling; and
Unfunded and unfilled vacancies and capacitated developmental state.

8. Wage Bill Low wages; Wage gaps;
Motivated and capacitated public service;
Skills retention;
Local economic boost;
Family dependents; and
Bargaining councils.

9. State Owned Enterprises and Assets
Privatisation, out sourcing, agencification, labour broking;
Disposal of non-strategic state assets;
Wasteful expenditure and SOE crises; and
International models.

10. Fiscal Framework
Future unallocated reserves.

11. Expenditure Priorities & Division of Revenue
Social services expenditure;
NHI funding models; and
11 million jobs target by 2030.

12. Increases in Revenue Disposal of state assets; VAT; Income taxes;
Company taxes; and
Land taxes.

13. Corruption
Successful prosecutions; and
Political will.

14. Medium Term Strategic Framework Interventions
Government commitments to boost energy, rail, port, oil and gas infrastructure; and
Improving labour dispute mechanisms.

15. Expanded Public & Community Works Programmes
Temporary relief;
Minimum wages;
Skills development; and
Cheap labour vs. decent work.

16. Employment Tax Incentives
Subsidy for labour brokers;
New vs. existing jobs;
Displacements; and
Geographic and sectoral determinations.

17. Manufacturing, Agriculture, Beneficiation & Industrialisation
Further manufacturing support (motor and renewables);
Support for agricultural sector;
Mining beneficiation; and
Nuclear energy.

18. Transport Rail upgrading and procurement; Public transport; and
E Tolls and user pay.

19. Basic Education School infrastructure; Mud schools; Text books; and
Teacher vacancies and salaries.

20. Post-School Education & Training
NSFAS funding expansion.

21. Health
ARVs; and
NHI.

22. Social Protection
Expansion; and
Comprehensive Social Security.

23. Defence, Public Order & Safety
Judiciary backlogs;
Correctional Services corruption; and
SSA R3 billion corruption allegation.

24. Economic Infrastructure
Moloto Road;
Water;
Solar and renewable energy; and
Economic stimulus.

25. Housing & Social Infrastructure
Housing review

26. Workplace Inspections
30% increase in workplace inspections.

27. Rural Development & Land Reform
Sufficient funding to address backlog in restitution claims and to provide new farmers with sufficient support.

28. Public Procurement Tender transparency; and
Local content in state procurement.

29. Funding Local Government
Long term solutions; and
Infrastructure funding.

30. Conclusion & Thank you.