The finance minister has called for the country to rid itself of 'structural reforms inertia'
Finance minister Tito Mboweni says SA is headed for junk status if it doesn't change its economic policies soon.Tito Mboweni is dismayed with SA's economy and has called for the country to rid itself of “structural reforms inertia”.
In a series of tweets, the finance minister said it was time for SA to get moving by taking “many steps at a time”. Referring to himself as a contrarian, he added: “Throughout history, those who wanted to change society have not been conformists but contrarians. I am on the faction of contrarians.” Throughout history, those who wanted to change society have NOT being Conformists but Contrarians. I am on the faction of Contrarians! Slaughter and burn us at the stake!! History is on our side!! “Cry Havoc”!!Mboweni said the country was headed for “game over” if structural reforms were not implemented.If you cannot effect deep structural economic reforms, then game over! Stay as you are and you are down graded to Junck Status!! The consequences are dire. Your choice.
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