Deputy Speaker, the ACDP broadly supports the three-year plan which has had to factor in a massive shortfall in tax revenues. We agree that, while borrowing now does seem to be the right thing to do, it is unsustainable in the long run.
We recognise, however, that fiscal expansion and, in particular, infrastructure spending have contributed to long-term capacity and short- term job creation. We welcome the additional R70 billion over 3 years to improve education, health services, the fight against crime, job creation, social services, infrastructure, etc.
Reducing unemployment and addressing poverty must remain our single biggest priority. The ACDP shares the Minister's concerns that the output and outcomes are lagging given the massive investments we are making. We support government's commitment to reducing wastage and achieving greater savings in departments. The ACDP will support the Medium-Term Budget Policy Statement which is presented against the backdrop of shrinking economic growth, a ballooning Budget deficit, and a mounting pressure on the new government. Thank you. [Applause.]