Topnews, Economy, Press, Politics
16. October 2020
"Building a New Economy" - Speech by President Ramaphosa on South Africa's Economic Reconstruction and Recovery Plan
In contrast to the State of the Nation Address, where we address the broad programme of government for the year, today I want to focus on the extraordinary measures we must take to restore our economy to inclusive growth following the devastation caused by COVID-19 to our people’s lives and our country’s economy.
South Africa's investment in
education has tripled since the
end of apartheid. At 6.6% of the
country's GDP and 17.7% of total
government spending, the
country's education spending
rate is among the highest
in the world.