The Policies Are In Place, It’s Time To Implement – ANC National Executive Committee On Economy

Riyaz Patel

The national executive committee (NEC) of the African National Congress (ANC) has said it’s time to implement a range of economic interventions to spur the economy and create jobs.

The NEC, which convened from 27-30 September, said most of the recovery strategies are already set out in various policy documents, including the National Development Plan (NDP), Government’s 2018 Stimulus and Recovery Plan and the ANC’s 2019 Manifesto.

ANC secretary general Ace Magashule said the NEC reached agreement on how macroeconomic policy could support job creation, a reimagined industrial strategy while reaffirming the importance of investment in infrastructure.

President Cyril Ramaphosa last week announced the 18-member Presidential Economic Advisory Council mandated to ensure greater coherence and consistency in the implementation of South Africa’s economic policy. 

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The ANC NEC also noted the contested economic recovery plan drafted by the National