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The macroeconomic policies presentedin the NGP are mixed. The monetarypolicy on the one hand commits to lowerreal interest rates and continued target… - Fiona Tregenna
" "The macroeconomic policies presentedin the NGP are mixed. The monetarypolicy on the one hand commits to lowerreal interest rates and continued targetingof low and stable inflation.
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About Fiona Tregenna
Fiona Tregenna is a South African economist who is professor of economics at the University of Johannesburg. She holds the South African Research Chair in industrial development. She has been a member of the South African Competition Tribunal since 2013 and served on President Cyril Ramaphosa's Presidential Economic Advisory Council.
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The South African governmentrecently released a new economic policyframework, the New Growth Path (NGP).This policy is intended to facilitate ‘arestructuring of the South Africaneconomy to improve its performance interms of labour absorption as well as thecomposition and rate of growth’ (EconomicDevelopment Department).
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