The African National Congress (ANC) Veterans League has expressed their support for the recent decision to postpone the budget speech. According to the league, this move has been a long time coming and is a necessary step towards addressing the current economic challenges facing South Africa.

The budget speech, which was originally scheduled for February 24th, has been postponed to a later date due to the ongoing COVID-19 pandemic. This decision was made by President Cyril Ramaphosa in consultation with the National Treasury and other key stakeholders. The ANC Veterans League has welcomed this decision, stating that it is a responsible and prudent move in light of the current circumstances.

In a statement released by the league, they highlighted the need for a comprehensive and inclusive budget that takes into account the impact of the pandemic on the economy. They also emphasized the importance of a budget that prioritizes the needs of the most vulnerable in society. The league believes that the postponement of the budget speech will allow for more time to address these critical issues and ensure that the budget reflects the current realities facing South Africa.

The league also acknowledged the challenges faced by the National Treasury in preparing the budget amidst the pandemic. They commended the Treasury for their efforts and stated that the postponement will give them the necessary time to finalize a budget that is in line with the country’s economic recovery plan.

Furthermore, the ANC Veterans League has called on all South Africans to support the postponement of the budget speech and to work together towards rebuilding the economy. They believe that this decision is a testament to the government’s commitment to putting the needs of the people first and finding sustainable solutions to the current economic challenges.

The league also urged the government to use this opportunity to engage with all stakeholders and gather their input on the budget. They emphasized the importance of a collaborative approach in addressing the country’s economic challenges and ensuring that the budget reflects the needs and aspirations of all South Africans.

In conclusion, the ANC Veterans League has expressed their full support for the postponement of the budget speech. They believe that this decision is a step in the right direction towards addressing the economic challenges facing South Africa. The league has also called on all South Africans to unite and work together towards rebuilding the economy and creating a better future for all. They are confident that with the government’s leadership and the support of the people, South Africa will emerge stronger from this crisis.