国际英语新闻:President: No stimulus packages for South Africa
"Our response to the economic crisis must be home grown and not just copy stimulus packages of the U.S. Our problem is different," said Motlanthe.
He was responding to a question asked by KwaDukuza business people who wanted to know whether South Africa was going to bail out businesses hit by the economic down turn.
The U.S. government recently approved multi-billion dollars stimulus packages to rescue its economy from further crumbling into serious financial doldrums.
To deal with the issue of massive unemployment exacerbated by retrenchments caused by the economic crisis, Motlanthe said the South African government was going to invest in infrastructure and also improve the quality of education.
Government planned to invest in the construction of roads, clinics, schools and it expected the upcoming Confederation Cup this year and the soccer world cup next year to boost the economy, he said.
Motlanthe said South African banks were "doing fairly well" compared to the ones in other countries because of the country's sound credit control regulations.
"We believe that our response to this global economic crisis must be around creating more decent jobs and investing in infrastructure. We must also see the opportunity in this crisis. We need to reposition our country and make it the investment of choice," said Motlanthe.
One of the difficulties of dealing with the economic crisis was that although it had been declared that some countries were facing recession, the extent of the crisis was not clear yet, he said.
Before addressing business people, Motlanthe, who is also African National Congress (ANC) deputy president, conducted door-to-door campaigns in KwaDukuza where he encouraged people to vote for his party.
He told people he visited to demand better services from government, this would include marching against councilors from their own parties who did not perform their duties.
"You must refuse being treated with disdain. You must demand better services. You must not accept the second best. That is the only way we can do better."
相关文章
- 欧美文化:Macron visits Berlin on first foreign trip after re-election
- 欧美文化:Ukrainian president, Swedish PM discuss defense support for Ukraine over phone
- 欧美文化:Two suspects arrested for killing 3 Israelis in stabbing attack
- 欧美文化:UN chief calls for end to "cycle of death, destruction" in Ukraine
- 欧美文化:U.S. secretary of state tests positive for COVID-19
- 欧美文化:Hungary "can't support" EU's new sanctions against Russia in current form:
- 欧美文化:Oil prices jump as EU aims for Russian oil ban
- 欧美文化:U.S. Fed on track for half-point rate hike as recession fears grow
- 欧美文化:South Sudan ceasefire may unravel due to hostilities: monitors
- 欧美文化:Uzbek president appoints new acting foreign minister