Ramaphosa to unveil economic recovery plan ... in three weeks.
However, Mthembu said, cabinet was convinced that there was no need at this stage to approach the IMF, as Ramaphosa was putting together an economic recovery plan he would present to the public in the next few weeks.
"Cabinet is concluding that plan, there have been discussions on how we grow the economy, how we respond to the low growth of our economy. All that we can say at this point in time is that cabinet is finalising its response on various packages that will speak to this matter, inclusive of how we help sectors of the economy that have potential to assist us in growing our GDP.
He added that finance minister Tito Mboweni would provide further details on this when he presents his medium-term budget policy statement in October, including how to rein-in the runaway public sector wage bill.
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