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Key economic policy implemented by South African government in 2024
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Cyril Ramaphosa•South Africa•African National Congress•ANC•Democratic Alliance•DA•Ramaphosa•National Assembly
Resolution / Starting Odds
Tax reforms • 25%
Infrastructure projects • 25%
Social welfare programs • 25%
Other economic policies • 25%
South African Government Announcements
Story
Cyril Ramaphosa Re-elected as South African President for Second Term with 283 MPs' Support
Jun 14, 2024, 09:14 PM
Cyril Ramaphosa has been re-elected as South Africa's president for a second term after securing a coalition deal with opposition parties. The African National Congress (ANC) leader was re-elected during the first sitting of the new Parliament on June 14, 2024. This comes despite the ANC experiencing its worst election result since the end of apartheid. The coalition deal, which includes the Democratic Alliance (DA) party, aims to establish a government of national unity with priorities such as economic growth and job creation. Ramaphosa's re-election was confirmed by a majority vote in the National Assembly, with 283 MPs supporting him, as announced by the chief justice.
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Tax cuts • 25%
Infrastructure spending • 25%
Social welfare programs • 25%
No major announcement • 25%
Tax Reforms • 33%
Monetary Policy Reforms • 33%
Trade Reforms • 33%
Economic reform • 25%
Land redistribution • 25%
Anti-corruption measures • 25%
Energy policy changes • 25%
Economic Reform • 25%
Immigration Control • 25%
Climate Change • 25%
Healthcare Improvements • 25%
Increase • 33%
Decrease • 33%
No change • 34%
Tax Cuts • 25%
Tax Increases • 25%
Spending Cuts • 25%
Spending Increases • 25%
Economic Reform • 25%
Healthcare • 25%
Education • 25%
Infrastructure • 25%
Further tax reductions • 25%
New privatizations • 25%
Increased public spending • 25%
No significant changes • 25%