Former Deputy Finance Minister Mcebisi Jonas says a victory for Joe Biden in the US Presidential election will enhance South Africa’s path to economic recovery from the impact of the coronavirus pandemic.
He has delivered the online 11th Annual Ahmed Kathrada Lecture under the theme ‘Hope After State Capture – Towards An Agenda for Change.’
The South African economy, which was in recession before the virus hit, has been severely impacted by the pandemic.
The Trump administration in the US has repeatedly denied the seriousness of the pandemic even though America has registereded the most cases and COVID-19-related deaths on the globe.
Factors that caused SA into economic recession:
Jonas also says Biden will undo the damage done by Trump – including returning the US to the Paris Agreement on Climate Change.
11th Ahmed Kathrada Foundation Annual Lecture: