DA leader John Steenhuisen says it was 'right speech at the right time' and welcomes phased lifting of the lockdown
President Cyril Ramaphosa's R500bn social relief and economic support package, which amounts to about 10% of SA's GDP, has been welcomed by political parties.
President Cyril Ramaphosa announced that the government will make an additional R500bn available to assist in the fight against Covid-19.about R130bn within the country's current budget, and the rest would be raised from local sources such as the Unemployment Insurance Fund as well as global partners and international finance institutions.
He was also pleased about Ramaphosa's announcement of a phased lifting of the lockdown which the president said will be driven by data-based evidence. The DA has argued for a “smart lockdown” which would see a phased approach in combating the virus while keeping the economy going. The IFP said it welcomed the package, adding that it was “cautiously optimistic” that the additional funding and relief measures would reach the individuals for whom they were intended.The IFP called on parliament to ramp up its oversight capacity to ensure that checks and balances were in place to monitor the implementation and action plans of the various departments and entities as the plan is rolled out.
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