IFP affirms support for Budget

WHILE it accepted the Budget and reaffirmed its commitment in government, the Inkatha Freedom Party (IFP) said it will meet with the Democratic Alliance (DA) on Sunday, as part of its ongoing engagements to foster cooperation and consensus in the national interest.

- KAMOGELO MOICHELA

The party’s leader, Velenkosini Hlabisa, met with the ANC’s secretary-general Fikile Mbalula on Thursday, to further discuss and come up with a solution to the budget impasse.

Political parties including the (DA and the Economic Freedom Fighters (EFF) have approached the courts to challenge the passing of the 2025 Fiscal Framework in Parliament.

The Fiscal Framework includes a 0.5% Value-Added Tax (VAT) increase in the budget.

The IFP has expressed its conditional support for the upcoming VAT increase, set to take effect in May, viewing it as a temporary but necessary intervention to generate critical revenue.