Regardless of how good a plan government may come up with to revive the South African economy, the management of the state and the economy are inundated with challenges that will undermine the plan, and an ineffective, non-responsive state is at the heart of the problem.
Finance Minister Tito Mboweni will this week table the medium-term budget policy statement, outlining the country's income and expenditure framework for the next three years. It's hot off the heels of the tabling of President Cyril Ramaphosa's Economic Reconstruction and Recovery Plan.
It will also be the first medium-term budget policy statement since the start novel coronavirus pandemic. The pandemic prompted government to borrow billions for Covid-19 relief programmes as well as develop the economic recovery plan to guide South Africa’s rebound.