The Cabinet lekgotla hosted by President Cyril Ramaphosa and his executive will likely formulate a plan to deal with the economic harm to citizens caused by rising fuel and food prices. | ZintleMahlati
On Monday, Ramaphosa hosted the first lekgotla to be held in person in more than two years since the Covid-19 pandemic began.
The US, European Union and UK have tightened their fiscal belts through interest rate increases to curtail inflation. The SA Reserve Bank has done the same.Other trends include rising crime statistics, corruption and load shedding. While the lekgotla was under way at the Presidential Guesthouse in Pretoria, Minister in the Presidency Mondli Gungubele said the above factors would be top the agenda at the gathering.
The minister added the government remained concerned about balancing the fiscal outlook while balancing spending and debt. Gungubele said the government would also be assessing the implementation of infrastructure projects.
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