DA leader Mmusi Maimane has proposed a seven-step recession recovery plan following the announcement by Stats SA that the economy was now in a technical recession.
The plan is all but academic, of course, since the DA is not the country’s governing party.
Maimane at a briefing said the country was beginning to see the consequences of the economic mismanagement and proposed the following:
Maimane said the seven interventions would get the economy’s heart beating again.
“They represent a change in approach from the belief that more state intervention is the only antidote to the failure of previous state intervention. Instead, we pursue a lean, capable state that creates conditions that promote investment in a broadly open, competitive, market-driven economy.”
He said the DA had a plan to get the economy growing.
“A healthy, growing economy will be able to collect the taxes required to fund better education and healthcare systems, a compassionate welfare programme, effective land reform and restitution programmes, and an effective police service, trained, resourced, and equipped to be able to maintain law and order, and keep people safe,” Maimane said.
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