Economic Digest 17: The Economic Reconstruction and Recovery Plan

On Thursday 15 October, President Cyril Ramaphosa addressed a joint parliamentary sitting to outline his Economic Reconstruction and Recovery Plan, aimed at helping the economy recover from the ravages of the lockdown implemented to curb the spread of the coronavirus. The key points of the Plan include: a state infrastructure fund that will provide R100 billion; a targeted average annual economic growth of 3%; approximately 11 800 megawatts of new power generation capacity that will be brought on line from 2022; the creation of 800 000 jobs and economic opportunities; the extension of the R350 COVID relief grant for a further three months; improving the capabilities of the state; etc. The articles, podcasts and interviews below provide a broad analysis of the Plan.

 

 

Economic Digest 17 211020