Thirteen years ago, the National Treasury identified the binding constraints to economic growth in SA, but its policy response was shelved for lack of political capital. Last week, it released a new plan to overcome those same constraints. But judging from the outrage on the Left, politics may once again prevent SA from achieving economic lift-off.

The Treasury’s discussion document, "Economic Transformation, Inclusive Growth, and Competitiveness: Towards an Economic Strategy for SA", prioritises the reforms likely to have the greatest impact and speed up policymaking in the face of an urgent economic crisis.

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