Picture: ISTOCK
Picture: ISTOCK

Our economy is on the brink of a recession. President Cyril Ramaphosa hopes to stimulate the economy with a stimulus plan of about R43bn, which will come from existing budgetary resources and new investments.

This plan is set to inform finance minister Nhlanhla Nene’s medium-term budget policy statement in October.

Efficient Group chief economist Dawie Roodt joined Business Day TV to discuss the stimulus plan.

Efficient Group chief economist Dawie Roodt talks to Business Day TV about plans to stimulate the economy

OR LISTEN TO THE AUDIO: