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ATM proposes Economic Recovery Plan which prioritises citizens

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The ATM released a statement ahead of the president’s presentation of the Economic Recovery Plan, proposing a plan which prioritises South Africa and its people.

The African Transformation Movement (ATM) released a statement on Wednesday, 14 October 2020, to share its proposal of an Economic Recovery Plan. The statement provided an outline of what the ATM’s plan would look like, ahead of the president’s address the following day.

According to the party, it seeks to provide “a people-centred Economic Recovery Plan driven by ubuntu, peace and accountability.” The party added, “ATM proposes a four-legged plan comprised of legislative amendments to create efficiencies, a different tax regime, a fundamental restructuring of economic paradigm, and secure energy supply.”

The statement further detailed the intention of each leg of the proposed plan, before calling on the South African Reserve Bank (SARB) to “perform its duty to protect our currency, as mandated by the Constitution.”

Read the full statement below.

Sabelo Makhubo
[email protected]

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