• 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.
