THEBE MABANGA
THE government’s mooted economic recovery plan, now set to serve before cabinet after being presented to the National Economic Development and Labour Council (Nedlac), is unlikely to take off unless government is prepared to make tough choices and trade-offs, a process which requires political will and taking on vested interests in the short term.
“The overarching goal of any new economic recovery plan for SA must now be to build confidence and place the economy on a path of investment and job-rich growth post-COVID-19,” Professor Raymond Parsons of the North West University Business School told Inside Politics.
“The policies and projects in any such plan must promote a stable macro-economic environment for investors, workers and consumers in the period ahead,” said Parsons.
The first challenge government must address is whether they share the same vision as business. Judging from the ANC’s Economic Transformation Committee Post-COVID-19 economic recovery
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