Cabinet’s delays won’t cut it in Covid-19 crisis – GHL

While many South Africans are running out of food, many more face imminent unemployment, and thousands of small businesses face closure, it beggars belief that the national Cabinet has failed to reach any decision on further economic interventions. This is a signal failure of responsibility, and is unacceptable.

The Democratic Alliance (DA) calls on the Cabinet to commit to a comprehensive economic stimulus package, along the lines of the R300 billion in proposals we have made, without any further delay.

This should include a Cabinet decision to submit an urgent application to international financial institutions for billions of dollars that these institutions have made available at very low rates specifically for Covid-19 response.