ANC has renewed vigour to get the wheels turning again
Like Deng Xiaoping’s Four Modernisations goals for China, Cyril Ramaphosa’s New Dawn has prioritised getting our economy back on trackIn a few days South Africans head to the polls in the sixth national elections since we attained democracy.
Public debt has ballooned and unemployment is at unacceptably high levels, impacting the ability of our citizens to lead quality lives. Moreover, the ANC government is trying to address these challenges in the midst of a trying climate wherein the legacy of the 2008 global economic downturn and a sluggish global economy has left no country immune, especially developing, extractives-dependent economies.
We are witnessing a new momentum and energy in SA today that has galvanised all sectors of society behind a common vision: to realise an SA that is developing, is equitable, and is free from corruption and maladministration. Our people are infused with a new sense of optimism, one the country has not witnessed since the dawn of democracy in 1994.
To mobilise support and funding for its modernisation drive, in addition to courting foreign investment, Deng’s China sought the backing of multilateral funding agencies and international development institutions for technical and financial assistance with key projects.
Our government, led by the ANC, has put SA firmly on the road to recovery by presenting clear plans that have already begun to yield results. Investors are returning to our country. Tangible projects are being kick-started. The reform of our SOEs is under way. Critical infrastructure is being upgraded. Corruption is being decisively dealt with through various commissions of inquiry.
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