120 Economists and Researchers Say The Supplementary Budget Reneges on the President’s COVID-19 Rescue Package

This submission is written by a group of economists and economic policy analysts to recommend their rejection of the Supplementary Budget tabled by the Minister of Finance on Wednesday 24 June 2020. The Budget reneges on President Cyril Ramaphosa’s R500 billion rescue package announced on 21 April 2020. The Budget undermines the constitutional obligation to progressively advance the rights of all.