Last week, Minister of Finance Mthuli Ncube, drawing on his
vast experience as chief economist and vice president at the African
Development Bank (AfDB), announced a series of measures to reform and revive
our economy, and put us on the path to steady economic growth. Cognisant of the
scale and urgency of the challenges facing us, our plan is bold and far
reaching, and will have the desired effect.
I have read your comments and understand the difficulties
many face, and Government will do all in its power to minimise them. We are
already taking the lead by cutting back on unnecessary spending. The only way
to a stronger economy is to restructure, rebuild and reform.
We must all be realistic. Whatever some may claim, there
are no silver bullets or quick fixes. There is no need to panic, and Government
is guaranteeing the availability of all essential commodities, including fuel.
We are on a shared journey to a better and more secure
future. The road is long, winding and at times bumpy, but there is no other
way. This is the road to a middle-income economy, and if we travel it together,
with patience and purpose, we will realise our vision.
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