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This Article is From Sep 19, 2019

South African Cabinet Meets to Discuss Treasury’s Economic Plan

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(Bloomberg) -- South Africa's cabinet is holding a special meeting Thursday to discuss a draft plan formulated by the National Treasury to revive the economy.

The Treasury “told Cabinet that more than 700 responses were received to that document,” Jackson Mthembu, a minister in the presidency, told reporters in Cape Town. “We are discussing it so it can be turned into an economic strategy for the country.”

Read more: Mboweni Draws Battle Lines With New South African Growth Plan

To contact the reporter on this story: Paul Vecchiatto in Cape Town at pvecchiatto@bloomberg.net

To contact the editors responsible for this story: Paul Richardson at pmrichardson@bloomberg.net, Mike Cohen, Jacqueline Mackenzie

©2019 Bloomberg L.P.

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