Growth stimulus

Engineering News identifies 4 components to the stimulus plan outlined in the State of the Nation yesterday:

• implementation of scheduled public investment projects, the value of which is currently at ZAR690bn;
• `Intensified’ public sector employment programmes;
• measures against “‘excessive’ investment slowdown by the private sector” (this presumably means something like state support, or rescue packages for `key’ industries); and
• expanded social expenditure (through existing channels – the old age pension and child care grant)

See the whole article  here.