Answer to Question #230640 in Macroeconomics for Ndicks

Question

how successful was the ngp in influencing economic growth and development in sa

Answer 1

The Ngp came to a realization that the South Africans Rand was weak compared to other currencies and proposed ways in which the government would improve the competition of the Rand against other currencies to boost the economy

National growth plan was also able to tackle the challenge of overpriced resources used in production and goods consumed directly by the people helping the government to deal with the inflation rate

National growth plan was also able to put in place policies which allowed people and their goods to move from one place to another through borders by checking on unnecessary restrictions leading to creation of a common market.