DRAFT DISCUSSION DOCUMENTS
ANC aims to tweak economic policy to speed up growth
The ANC wants a "recalibration" of macroeconomic policy to promote reforms required for growth, according to its draft discussion documents. The party is under pressure to deal with a limping economy, characterised by low growth and high unemployment. President Jacob Zuma and his supporters have also mounted a renewed push for "radical economic transformation". But the ANC documents are cautious about how economic redress should be handled, in what can read as a sign that the issue will be contentious at its policy conference in June. The conference is a precursor to the party’s elective congress in December at which its policies will be adopted. The documents were discussed at a special national executive committee meeting last week and sent back for further revision. A radical economic transformation, according to the documents, is about "fundamentally changing the structure of the South African economy". The ANC’s programme should be measured by the extent to which it "radically ...
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