GOVERNMENT needs to acknowledge that the deepening socioeconomic crises in South Africa come from the ‘misguided macroeconomic policy framework that has been implemented over the years’.
This is according to trade union federation Cosatu as it anticipates the State of the Nation Address on Thursday to be delivered by President Cyril Ramaphosa.
The labour federation said these socioeconomic issues emanate from the erroneous macroeconomic policy framework that has been implemented over the years.
“Workers expect the President to announce plans for his government to move away from economic policies that are suffocating the economy and that have left half the adult working population unemployed,”COSATU said in a statement.
“We expect to hear about progress since the last SONA, in 2021, on government’s interventions to rebuild the state, tackle corruption, grow the economy, create jobs, and roll out the vaccines.“
COSATU has applauded the government for the provision of the R350 SRD
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