Cosatu has discussed finance minister Tito Mboweni’s economic strategy document after it was released for public comment earlier this week.
Speaking at a media briefing today,Cosatu deputy general secretary Solly Phetoe questioned why the document was released without consultation with cabinet and said the paper sought to exploit the country's economic crisis by pushing what he described as a “right-wing agenda”.
"He also said the document does not offer any proposed real changes to fiscal, monetary or other macroeconomic policy, including inflation targeting”.
“He further said that Cosatu will continue to engage with any policy proposal at Nedlac but they reject this particular paper and demand that National Treasury withdraws this document immediately.”
While the SACP said it has not yet discussed its position on the economic policy paper released by finance minister Tito Mboweni, they have expressed serious concern though over its sudden release.
And finance minister Tito Mboweni has hit back at ANC alliance partners for their criticism for his strategy paper saying it was not a cast in stone.
Trade union also announced that it was planning a workers rally in Marikana in October, adding that it would make sure that President Cyril Ramaphosa would also get to visit the informal settlement and surrounding communities.
It will be for the first time that both Ramaphosa and Cosatu visit the area since the Marikana massacre in 2012.
Zingiswa Losi,Cosatu president said the federation also wanted a fresh investigation into the killing of all workers in Marikana.
Cosatu has pledged to work closely with NUM in preparation of a workers rally in Marikana in October.