Real economic cost of lockdown not clear yet, says Patel
Minister plays down estimates by economists
03 May 2020 - 09:27
Estimates by economists of how much the lockdown has cost the economy were a “thumb-suck”, according to trade & industry minister Ebrahim Patel. He said the government had not calculated the cost.
Patel told the Sunday Times the “guesstimates” did not reflect that some industries remained active and at some companies people worked from home...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.