“South Africans must ignore economic doom and gloom” – Malusi Gigaba

Image Credits: Gallo Images / Foto24 / Craig Nieuwenhuizen

Malusi Gigaba is one of those very few politicians that can deliver immensely dry jokes in the middle of a Parliamentary session and not laugh.

TimesLIVE reports that Gigaba wants South Africans to ignore negative sentiments about the economy‚ saying it will soon be turned around.

Gigaba’s take on the economy

Speaking in the National Assembly on Thursday during a debate on the Medium Term Budget Policy statement he delivered last month, he chose to keep a positive outlook on South Africa’s future.

“South Africans should brush aside the message of despondency and doom. Even at our bleakest moments we must not drown ourselves in our own message of doom and gloom. The difficult decisions are being taken now‚ but our economy will turn around. A brighter day beckons.”

However, in his speech, Gigaba didn’t make mention of concrete plans detailing what government was doing to save the ailing economy. As a matter of fact, In his maiden MTBPS in October‚ Gigaba painted a grim picture of the economy‚ with plummeting tax revenue collection and a rising national debt.

Gigaba said his budget policy statement had been “very frank” and had outlined plans for growing the economy and industrialisation and reigniting the country’s manufacturing sector. “Even at our bleakest moments we must not drown ourselves in our own message of doom and gloom‚” he said.

[Source: TimesLIVE]

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