All social partners agree on the need for policy consistency as well as the implementation of these policies

first_img• South Africa is committed to economic and fiscal policy certainty to ensure confidence in the South Africa economy, its people and its market.• This includes certainty around, amongst others, labour issues, priority growth sectors as well as the way in which challenges should be addressed.• To ensure policy certainty, effective 1 September 2015, all legislation will be subject to a socioeconomic impact assessment before being passed. This will improve policy coordination and highlight potential implementation risks or unintended consequences.• South Africa will look at its institutions and existing policy frameworks to ensure they are able to respond to the opportunities and challenges presented by current domestic and international conditions.last_img

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