The Western Cape finance and economic opportunities department tabled the Provincial Economic Review and Outlook 2022/23. It showed that between 2016 and 2021, the Western Cape gained 292 325 citizens. | MarvinCharles_
This emerged when Finance and Economic Opportunities MEC Mireille Wenger tabled the Provincial Economic Review and Outlook 2022/23 in the provincial legislature on Tuesday.
The report showed that net in-migration, the movement of people from one province to another, was an important determinant of population growth in the Western Cape.Between 2016 and 2021, the Western Cape is estimated to have gained 292 325 citizens. Over the same period, the population of the Western Cape increased by 624 616, meaning that net in-migration contributed 46.8 percent of total population growth.
Wenger said there was pressure, however, to grow employment at a faster rate than the rate of population growth.The Covid-19 pandemic has, in this way, caused major disruption, with all sectors, save for finance and communications, recording job losses over the last few years.ANC MPL Khalid Sayed said the increase in population was matched with an increase in the provincial equitable share; that is, the amount of money the province gets from the national government.