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Economy: Technical team to fast-track priority reforms

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A team of full-time staffers will be appointed to ensure that the economic recovery plan and a number of priority reforms are implemented.

The National Treasury said this in its medium-term budget on Wednesday.

“Many of the proposed reforms in the economic recovery plan and their potential benefits have been detailed in recent editions of the Budget Review and Medium-Term Budget Policy Statement. Yet implementation has been delayed by a lack of agreement over proposed reforms, a failure to prioritise and sequence reforms that have been agreed on, and lack of capacity in government."

The National Treasury said Operation Vulindlela will support the implementation of the economic recovery plan by prioritising structural reforms.

“It is based on similar 'delivery unit' initiatives in countries such as the United Kingdom and Malaysia, as well as lessons learnt in South Africa.

“The initiative will be staffed by a full-time technical team that draws on additional expertise and capacity in the public and private sectors.

“The team will assist the economic cluster, Cabinet and the President to coordinate and accelerate the implementation of a limited number of priority reforms.”

Download the Economic Reconstruction and Recovery Plan here: 

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