Reflecting on his tenure as finance minister, Tito Mboweni said on Monday that he feels like a war veteran after stepping down in August.
“The demands on the fiscus in South Africa, as is the case in many parts of the world, are immense, particularly in the context of high unemployment.
To “get economy recovery going” it was important to improve educational outcomes throughout the system, particularly early childhood development, and implement youth employment interventions. He said skills constraints must be addressed by importing skills from abroad “to show that we have a capable and developmental state”.
“We do not need more planning or guesswork about what needs to be done. We know what needs to be done, we just need to get on with what we need to do,” said Mboweni stressing that state administration must be up to the task to drive economic renewal.
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