Agreement on economic recovery plan reached

JOHANNESBURG - Business, labour and government have agreed to an action plan for economic recovery.

The agreement was adopted at a National Economic Development and Labour Council meeting chaired by President Cyril Ramaphosa.

READ: A busy day for Ramaphosa

The recovery action plan will be detailed as soon at it's approved by Cabinet.

In a statement by the Presidency, the partners also agreed on a social compact plan that commits government, business, labour and community to mobilising funding to address Eskom's financial crisis.


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