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Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: The IMC will also review decisions on special dispensation work permits, amendments to our Immigration Act and Employment Services Act and Labour Migration Management. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: The IMC will provide guidance on matters such as existing labour supply agreements, trade relations and transportation agreements. It will also address criminality and related security matters across our borders. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Convened by the Minister of Employment and Labour and co-chaired by the Minister of Home Affairs, this IMC will deal with the migration of foreign nationals for employment and related opportunities. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: To ensure a coherent and sustainable solution to these challenges, Cabinet has recently established an Inter-Ministerial Committee (IMC) on the Employment of Foreign Nationals. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: By the same measure, we need to understand and respond to the frustrations of many South Africans at the violation of immigration laws and other regulations by those companies that employ foreign nationals illegally. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: This means, among other things, that we need to look at migration, employment & economic activity. As we do so, we should avoid the populist temptation to blame our unemployment crisis on foreign nationals working in our country, either legally or illegally. — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: The unemployment crisis in our country has been dramatically deepened by the economic effects of the global coronavirus pandemic. We are therefore called upon to use every means at our disposal to rebuild our economy, protect existing jobs & create new jobs. https://t.co/4xDOrm0jau — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
[IN PICTURES] President @CyrilRamaphosa replies to Oral Questions in the National Assembly, Parliament. #RamaphosaQandA https://t.co/6xw9uwBIFK — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
[IN PICTURES] President @CyrilRamaphosa replies to Oral Questions in the National Assembly, Parliament. #RamaphosaQandA https://t.co/h1iSaUJJPb — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Alongside urgent structural reforms, such investments will lay a firm foundation for a return to economic growth and job creation. This, in turn, will increase public revenue, allowing government to reduce the budget deficit and lower its exposure to debt. https://t.co/mpS9xArFlr — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: The economic recovery and reconstruction plan that is being developed by government alongside its social partners will ensure that resources are directed to infrastructure and employment creation programmes in particular. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Government remains committed to improving education and health outcomes, and reducing poverty, as shown by the size of allocations to the learning and culture, health and social development functions over the medium term. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Improving efficiency – meaning that government will have to do more with less – is a necessity. For example, more will need to be done using communication technology instead of spending money on accommodation & subsistence and travel costs. #RamaphosaQandA https://t.co/d4s69mGxGE — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: New and urgent government priorities have been funded through the reallocation of budgets within and across functions. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: To the degree possible with limited resources, government continues to support the implementation of the seven priorities outlined in government’s Medium-Term Strategic Framework 2019-2024. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: In this way, it prevents an outcome where South Africa’s debt costs are higher than all other expenditure, a sovereign debt crisis causes investors to leave the country, and the country has to seek large bailouts from official lenders. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Debt would stabilise at around 87.4 percent of GDP, after which it would gradually decline. The active scenario prevents debt service costs from continuing to rise faster than all other items of spending for the foreseeable future. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Under the ‘active’ scenario, which requires a programme of fiscal restraint, we anticipate a small surplus in the primary balance – which is the difference between non-interest spending and revenue – in 2023/24. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: These reforms will include the finalisation of electricity determinations, unbundling Eskom and other steps to open up energy markets, the modernisation of ports and rail infrastructure and the licensing of high-demand spectrum. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: This includes faster implementation of the economic reforms needed to support investment and employment, raise productivity and competitiveness, and lower cost of living and doing business. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: In undertaking this task, Government has adopted an ‘active’ approach to managing the country’s debt. It is committed to an active set of fiscal and economic reforms to raise confidence and growth. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Since the economy and the fiscus were already weak prior to the current crisis, the starting point for ensuring fiscal stability is to close the gap between government spending and tax revenue. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: During the current MTEF period, for example, debt service costs are expected to exceed total spending on health care. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: This would severely damage private investment and economic growth, reducing the revenues on which government spending plans depend. This could mean that spending programmes are overwhelmed by debt obligations. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: If not addressed over the medium-term, the cost of servicing this debt will consume much of the savings accumulated in the economy each year. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: As a consequence of our decisive and absolutely necessary response to this pandemic, Government debt is expected to reach R3.9 trillion in 2020/21. This does not include the debt of state-owned companies. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: The supplementary budget tabled by the Minister of Finance on the 24th of June therefore proposed significant increases in expenditure in the context of falling revenue. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: As our economy has suffered from the effects of the pandemic & the measures we have taken to contain spread, we have also had to mobilise additional resources to mount an effective public health response & support companies, workers & households in distress. — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: The effect of the coronavirus pandemic on economies around the world has been severe. Like most other countries, we have had to confront the effects of a massive global slowdown and a dramatic decline in local economic activity. #RamaphosaQandA — PolitiTweet.org
Presidency | South Africa 🇿🇦 @PresidencyZA
President #Ramaphosa: Government is determined to ensure that all criminal acts related to our response to the COVID-19 pandemic are uncovered and that those responsible are held to account. #RamaphosaQandA https://t.co/z237QSxxXI — PolitiTweet.org
