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South African Cabinet Meets to Discuss Treasury’s Economic Plan

South African Cabinet Meets to Discuss Treasury’s Economic Plan

(Bloomberg) -- South Africa’s cabinet is holding a special meeting Thursday to discuss a draft plan formulated by the National Treasury to revive the economy.

The Treasury “told Cabinet that more than 700 responses were received to that document,” Jackson Mthembu, a minister in the presidency, told reporters in Cape Town. “We are discussing it so it can be turned into an economic strategy for the country.”

To contact the reporter on this story: Paul Vecchiatto in Cape Town at pvecchiatto@bloomberg.net

To contact the editors responsible for this story: Paul Richardson at pmrichardson@bloomberg.net, Mike Cohen, Jacqueline Mackenzie

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