CLEAN : Ramaphosa presents plan to boost South Africa economy

The video discusses the implementation of economic reforms to address significant financial losses and enhance investment in key growth sectors. It highlights the importance of reducing business costs, boosting exports, and making industries more competitive. The government is reviewing administrative prices and prioritizing funding for agriculture and economic activities in townships and rural areas, emphasizing job creation for youth, women, and small businesses. Due to limited fiscal space, efficient resource allocation is crucial.

What are the key areas of economic activity that the measures announced aim to impact?

Why is it important for the government to use its limited resources effectively?