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Government challenged to grow the economy

───   KEKELETSO MOSEBETSI 15:33 Thu, 26 May 2022

Government challenged to grow the economy | News Article
ANC Free State official and guest speaker at the ANC's economic summit, Tefetso Phitsane/PHOTO: Lucky Nkuyane

The Free State Provincial government has been challenged to play a more pivotal role in developing small businesses, to help boost the local economy.

One of the ANC officials who was also a guest speaker at the ANC Interim Provincial Committee (IPC) economic summit held in Bloemfontein, Tefetso Phitsane, highlighted the shortcomings of the government's involvement in the development of the economy.

He says the government must create conducive environment which could help channel economic growth in the province.

Phitsane also took a swipe at the lack of banks involvement in assisting the state to grow the economy.

ALSO READ: Free State ANC wants economic status quo changed

Dukwana earlier stated that whilst building an inclusive economy involving residents, there is also a need to explain the importance of infrastructure - which could play a significant role in the development of society. The IPC is convening under the theme "Building a social compact to accelerate economic recovery and reconstruction".

The two day summit is being attended by members of the IPC, alliance structures, mayors, the Chamber of Mines, institutions of higher learning, strategic entities, and NEC members.

The Free State ANC IPC spokesperson, Oupa Khoabane stated that the summit comes in the wake of the establishment of the IPC’s sub-committee on Economic transformation, to develop an economic recovery and transformation plan in line with that of the national department.

OFM News/Lucky Nkuyane & Kekeletso Mosebetsi

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