The Department of International Relations and Cooperation (DIRCO) will this year focus on economic diplomacy, seeking to facilitate and attract more foreign direct investment to support President Cyril Ramaphosa’s drive to attract $100-billion to South Africa.
Speaking during her department’s budget vote, Minister Naledi Pandor said, “We want more opportunities for the export of South African goods and services, more tourist arrivals and more opportunities for South African youth to acquire skills.”
DIRCO’s total budget allocation for the 2019/20 financial year is R6 508 billion. Some 68% of it is utilised to support 125 missions in 108 countries across the globe, according to Pandor.
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