Government set to unveil Covid-19 economic recovery plan

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South Africa Headlines News

Government set to unveil Covid-19 economic recovery plan The government is set to unveil a consolidated recovery plan this week after making a raft of amendments to the current lockdown restrictions.

is set to unveil a consolidated recovery plan this week after making a raft of amendments to the current lockdown restrictions in a bid to enable partial economic activity.

“All the Cabinet clusters have been asked to work together to produce one consolidated document on key priorities of the country’s economic recovery plan, to be completed before the next Cabinet meeting,” it said in a statement. The recovery plan is understood to revolve around using existing resources to target certain industries and prioritising a phased in opening of the economy following the lockdown.

The government this week permitted mining companies to resume 50 percent of normal production, opened ports for cargo exports, and expanded the list of essential goods but fired its first salvo on fiscal consolidation by refusing to implement salary hikes for civil servants as per a three-year wage agreement and refusing to offer further bailouts to SAA.

 

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The few taxpayers will have to fund it. Back to work ASAP

Go Cyril.

Will work so well with Eskom's load shedding when it kicks off in May. ANC have fucked this country hard

They have had no plan till now let's. See. What these useless morons have left after betting all our well being on a 3 week solution not the months it needs

Too little, too late. The idiot regime didn't foresee the mass starvation that is happening already. The cadres don't have the mental ability to plan. A mass Arab Spring like uprising is coming, mark my words, as the hungry take to the streets and get rid of the communist regime.

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