South Africa went into a nationwide lockdown on Thursday, 26 March 2020. This lockdown was an attempt to curb the spread of the Covid-19 outbreak in the country.

Since the lockdown, several economic and social relief measures have been implemented. Despite these measures, the lockdown has impacted several industries across the economy. The government's risk-adjusted Covid-19 strategy has also been widely criticized as impractical and unrealistic. It can however be argued that true crisis times or 'black swan' events call for draconian measures.

Nevertheless, the lockdown has had severe consequences despite certain measures being implemented and the South African government needs a clear strategy on the way forward for South Africa's economy post Covid-19.

Against the information presented, you are required to provide a comprehensive report in which you advise the South African government on the way forward beyond Covid-19. Your report should include:

1. A critical review of the relief measures that have been implemented in response to the Covid-19 lockdown and its intended effects; (provide information about economic and social relief measures such as the stimulus package, interest rate changes and quantitative easing, as well as its intended effects.)

2. An analysis of the drawbacks of the South African government's draconian measures in response to the Covid-19 outbreak; (At least four drawbacks have been discussed in detail (e.g. black markets, illicit trade, violence, unemployment, GDP)

3. Recommendations, with sound justification, on suitable strategies and/or policy actions post Covid-19. {recommendations on suitable strategies or policy actions post Covid-19. Strategy/policy recommendations relate to various sectors e.g. (monetary,public, foreign). Valuable insight has been provided on monetary (e.g. open market transactions), fiscal (e.g. taxes and spending cuts) and foreign policy decisions (e.g. policies to encourage exports and limit imports).}

Note: Where applicable, use graphs and appropriate examples to support your answer.