A spurt for economic revival
Aug 07, 2020
3 minutes
By John Oliphant and Dinao Lerutla
south Africa’s fiscal position, with its gross-debt-to-GDP expected to exceed 100% between 2021 and 2022, severely limits the government’s room to drive economic recovery, therefore the current emphasis on an investment-led recovery.
To stimulate economic activity, there is a need to specifically focus on sectors that enable the country to address the challenges of joblessness and inequality. Investments that yield positive financial returns without any benefit to society could widen the inequalities that are already unsustainable. For the private sector to lead inclusive growth, one of the
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