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DA Leader Rejects South Africa’s National Budget Proposal

The Democratic Alliance (DA), South Africa’s second-largest party, led by John Steenhuisen, has announced it will not support the national budget in its current version. This decision follows the African National Congress’s loss of parliamentary majority, necessitating power-sharing with the DA and other smaller parties after the May 2022 elections.

John Steenhuisen, the leader of South Africa’s Democratic Alliance (DA), announced that his party will not support the national budget in its present form. This decision comes as the African National Congress (ANC) has had to relinquish some power, sharing authority with the DA and several smaller parties, following the loss of its parliamentary majority in the last election held in May 2022.

The DA’s refusal to support the national budget marks a significant political stance amidst the ANC’s diminished power. This situation reflects the evolving dynamics in South Africa’s governance as parties adjust to the parliamentary landscape post-election.

Original Source: www.tradingview.com

Elias Gonzalez

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