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The Editor's Desk: Stimulus plan – Ramarecovery or Ramafailure?
  • 22/09/2018
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The Editor's Desk: Stimulus plan – Ramarecovery or Ramafailure?

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Descripción de The Editor's Desk: Stimulus plan – Ramarecovery or Ramafailure?

In this episode, Alec Hogg and Felicity Duncan discuss the proposed SA stimulus package, asking whether it's going to spell Ramarecovery or Ramafailure. Cyril Ramaphosa has outlined a plan to boost investment in the hopes of reigniting growth and launching South Africa out of recession. Many questions, however, remain. Much depends on the specific projects and interventions that the government spends the money on. While the plan could help boost long-term growth potential, there are definite risks. They also delve into two mounting global crises: the widening US/China trade war and the rising possibility of a hard Brexit. Both of these threaten to worsen SA's economic situation at a moment when the country can ill-afford additional challenges.

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recession stimulus ramaphosa

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