Deputy President David Mabuza has urged the National Economic Development and Labour Council (Nedlac) to come up with solutions to counter the massive economic headwinds tormenting the economy.
Addressing Nedlac’s 23rd annual summit in Pretoria on Friday, he said the country’s revenue was declining, with the SA Revenue Service indicating a negative revenue collection outcome.
All sectors of society, and Nedlac, needed to work with the government to assist national Treasury to develop “appropriate stimulus measures to cushion the poor and re-start the economy”.
Nedlac is tasked with facilitating consensus and co-operation between government, labour, business and the community in dealing with socio-economic challenges, among other tasks.