Gigaba announces ministerial meeting on economy, says fiscal consolidation will stay

June 16, 2017

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President Jacob Zuma has called a meeting of key ministers in a fortnight to devise a strategy to spur the South African economy out of recession, Finance Minister Malusi Gigaba said on Thursday.

“The president has stressed the urgency of a co-ordinated response, and is convening a full-day meeting in two weeks of various economic clusters and ministers responsible for key sectors, to address obstacles delaying the finalisation of policy processes and agree urgent timelines.

Category: General