President Cyril Ramaphosa told MPs government believes the situation in the country will improve.
CAPE TOWN - President Cyril Ramaphosa admits the country is in crisis, but says his government is working hard to change its fortunes.
Ramaphosa was speaking during a question and answer session in Parliament.
The president is trying to paint a hopeful picture of the future.
Ramaphosa told MPs government believes the situation in the country will improve -- but only in the next few years.
The President says more taxes will be collected and that state-owned entities will be able to stand on their own feet.
"Public finances are severely constraint and require measures to curb expenditure," he said.
"We have chosen to act, to rebuild our economy and restore it to the path of growth. That's what we have chosen to do," Ramaphosa said.