South Africa Readying Economic Reboot Plan, Ramaphosa Says

South Africa Readying Economic Reboot Plan, Ramaphosa Says

Cyril Ramaphosa

Photographer: Waldo Swiegers/Bloomberg

South African President Cyril Ramaphosa said consensus is emerging on a plan to revive an economy mired in the worst recession since 1992.

The proposals should be finalized within three weeks and the government will go into overdrive to execute them, Ramaphosa said in an online briefing to the South African National Editors Forum on Wednesday.

“We now need to move forward so we will be able to put the plan to the nation,” he said. “I want to see the implementation taking place and it will be directed from the president’s office.”

Source Article