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24 May 2012
   
 
 
 
 
 

The Congress of South African Trade Unions applauds the government's brilliant decision to cancel the contract for eight Airbus A400M military freight aircraft. It is excellent news for every South African.
The burden of paying off the astronomical amount of R40 billion, on top of the current total annual defence budget is R32 billion, would have sabotaged the government's efforts to get out of the recession and revive economic growth. It could have led to a massive increase in the already huge number of jobs being lost.
The federation urges the government to continue to concentrate its limited resources on the ANC's five priority areas - decent jobs, housing, education, rural development and crime and not on totally unnecessary and wasteful projects like these aircraft.

Edited by: Creamer Media Reporter
 
 
 
 
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