Eusebius McKaiser has commended Parliament's chairperson for the Standing Committee on Finance for what he calls 'incredible honesty'.
On the Eusebius McKaiser Show, Carim reacted to the budget speech and said the VAT increase was not desirable.
While we have strong reservations on VAT, we want to know what other things can be done to secure other revenue through wasteful irregular and corrupt activities being drastically being reduced.— Yunus Carim, Parliament Standing Committee on Finance chair
We can't fold our arms and criticise government, partly we are where we are because we as parliament have not fully fulfilled the role that's defined for us in the Constitution, the law and the rules of Parliament.— Yunus Carim, Parliament Standing Committee on Finance chair
We must take some responsibility for this even if the primary responsibility resides with government.— Yunus Carim, Parliament Standing Committee on Finance chair
Watch the full conversation below.
Wow. Incredible honesty from the ANC's Yunus Carrim who just explained that the increase in VAT was not desirable and is, in fact, regressive, as is the low growth forecast that will persist. I will tweet the link to the podcast with his FULL remarks shortly @Radio702 @CapeTalk— Eusebius McKaiser (@Eusebius) February 22, 2018