13 Aug Ramaphosa's stimulus plan to cost R43bn
Our economy is on the brink of a recession. President Ramaphosa hopes to stimulate the economy with a stimulus plan of about R43 billion which will come from existing budgetary resources and new investments. This plan is set to inform Finance Minister Nhlanhla Nene's mid-term budget policy statement in October. Dawie Roodt, Chief Economist at the Efficient Group joined Business Day TV on the line with his perspective on the potential stimulus plan.