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Economic Reconstruction and Recovery Plan on Track

October 13, 2020

The Presidency

The South African Economic Reconstruction and Recovery Plan is to be presented to a joint hybrid sitting of parliament on Thursday, 15 October 2020.

According to a presidency statement, the draft plan has been “widely deliberated among government and social partners – business, labour and community – under the auspices of the National Economic Development and Labour Council (NEDLAC)”.

The presidency indicated that the draft plan was tabled at the cabinet lekgotla on 7 and 8 October 2020.

On Friday, 9 October 2020, further inputs were made at a meeting of the Presidential Economic Advisory Council.

During the meeting, the Council “welcomed the draft economic recovery plan and identified areas of emphasis – in particular, energy security and the green economy, job creation and infrastructure development”.

The draft plan is to be finalised at a Cabinet meeting on Wednesday, 14 October 2020 prior to presentation in parliament.