South Africa Readying Economic Reboot Plan, Ramaphosa Says
- Strategy is expected to be finalized within two to three weeks
- Government has largely run out of money to shore up economy
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South African President Cyril Ramaphosa said consensus is emerging on a plan to revive an economy mired in the longest recession since 1992.
The proposals should be finalized within three weeks and the government will go into overdrive to execute them, Ramaphosa said in an online briefing to the South African National Editors Forum on Wednesday.