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ANC proposes using pensions and savings to aid economic recovery post-Covid 19

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ANC proposes using pensions and savings to aid economic recovery post-Covid 🔒 19

The ANC’s proposals for economic revival in the post-Covid-19 economy, published on Friday, argue for an infrastructure-led recovery, which will be funded in part by pension funds and other savings.

The plan does not endorse prescribed assets — or a policy which would require funds to hold a minimum level of government stock — but does aim to mobilise such savings into infrastructure projects on a voluntary basis.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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