South Africa Lags Behind On Economic Growth

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Does the MTBPS have the right toolkit?

The chart and table below shows that South Africa is likely to lag behind it’s peers in emerging markets and developing countries in terms of economic growth. There are many reasons for this, with Minister Gordhan arguing in the Medium Term Budget Policy Statement with reference to meeting the challenges that we face:

For us as a nation to achieve this ambition requires deep-rooted transformation of our economy that removes the many barriers to growth and development

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