Finance minister Enoch Godongwana. Picture: MOELETSI MABE/SUNDAY TIMES
Godongwana fielded a number of questions from MPs during a question-and-answer session involving the economic cluster of ministers. These include the ministers of finance; employment and labour; agriculture, land reform & rural development; communications & digital technologies; mineral resources & energy; and forestry, fisheries & the environment.
“It is expected to weigh on GDP growth in an otherwise modest recovering economy. The estimated costs to the economy have widely varied, but the consensus estimate is about R50bn. National Treasury suggests that the unrest could have under a one percent point [decline] from the GDP growth in 2021. These impacts could be lasting as the cost of the unrest on unemployment and sentiment could persist beyond 2021.
😅😂🤣spoken like a true man who knows nothing about running the finance portfolio they will start blaming the unrest for everything goes wrong even loadshedding they will blame the unrest 😅😂🤣
Lol 18 years. Your appointment… Another 18 years.