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Finance Minister reaffirms need to implement structural reforms for economic growth

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Finance Minister Enoch Godongwana has reaffirmed the need for South Africa to implement structural reforms for the economy to grow.

Godongwana spoke as a panelist at the national conference of the South African Jewish Board of Deputies in Johannesburg.

Under the theme “Hope and Recovery”, the minister says the biggest challenge facing the economy is how it can recover and be reconstructed.

Godogwana says he’s happy with the fact that there is consensus among many South Africans about what the economy needs.

He says there are lessons that can be learnt from the COVID-19 pandemic.

“If we can take a lesson from COVID-19, all South Africans worked together. That in itself shows that there’s positive commitment among all South Africans. The key question is how do we marshal into the right energy?”

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