CLEAN : South Africa's new president braces for tough budget

The video discusses the challenges of driving economic growth in the country, highlighting the need to increase growth rates to create jobs and achieve economic stability. It addresses the instability in equity, currency, and bond markets, making it difficult for businesses and governments to plan effectively. The speaker emphasizes the importance of bold leadership and specific strategies for job creation, referencing past promises that were not fulfilled.

What was the predicted economic growth rate for 2018?

• 1.8%

• 1%

• 5%

• 3%

Why is it important to drive economic growth closer to 5%?

• To improve technology

• To increase exports

• To reduce inflation

• To facilitate job creation

What is one of the main challenges mentioned due to economic instability?

• Higher interest rates

• Difficulty in planning

• Increased taxes

• Decreased consumer spending

What is emphasized as necessary for leaders to address job creation?

• Improving infrastructure

• Reducing government spending

• Increasing taxes

• Making bold announcements

What was the outcome of the past promise of 5 million jobs?

• It was fulfilled

• It exceeded expectations

• It was not fulfilled

• It was partially fulfilled