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Finance Committee Endorses DA Plan to Cut VAT on more Food

The DA has called upon the Minister to act on the Committee’s recommendation. Specifically, the basket must be expanded to include essentials such as bone-in chicken, beef, tinned beans, wheat flour, margarine, peanut butter, baby food, tea, coffee, and soup powder.

The recommendation is set against a backdrop of stunted economic growth, a widening budget deficit, expenditures on a bloated public sector wage bill and ongoing bailouts to failed State-Owned Enterprises.

Source: SA People on MSN


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