Question
The South African government has decided to sell its majority stake in South African Airways (SAA). The airline has been a burden on state finances
The South African government has decided to sell its majority stake in South African Airways (SAA). The airline has been a burden on state finances for several years. Besides SAA, other state-owned enterprises are in dire state and the country faces several other macroeconomic challenges. More specifically, persistent unemployment and government debt continue to be of great concern. Also, South Africa had its longest recession in 28 years and is not likely to regain pre-Covide-19 levels soon.
Question
As an economic consultant, write a comprehensive report to the government in which you provide a recovery plan for the economy to reach its true potential. Be sure to address major issues facing the economy and consider all relevant factors.
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