Trevor sees no change in policy

JOHANNESBURG – South Africa will keep its current macroeconomic policies to ensure sustained economic growth, despite a change in political leadership, Finance Minister Trevor Manuel said.

“I think it is important to say … this country will maintain stable macro-economic policies,” he said in an interview with BBC’s Hard Talk programme broadcast yesterday, when asked about pressures from trade unions to move away from current conservative fiscal policy.”The ANC’s views have been, consistently, that macroeconomic stability is the key to sustainable development and growth.”Kgalema Motlanthe was appointed president last week after the ousting of Thabo Mbeki, about six months before the end of his second 5-year term.Manuel also said he was prepared to serve as finance minister under any president.Nampa-Reutersthis country will maintain stable macro-economic policies,” he said in an interview with BBC’s Hard Talk programme broadcast yesterday, when asked about pressures from trade unions to move away from current conservative fiscal policy.”The ANC’s views have been, consistently, that macroeconomic stability is the key to sustainable development and growth.”Kgalema Motlanthe was appointed president last week after the ousting of Thabo Mbeki, about six months before the end of his second 5-year term.Manuel also said he was prepared to serve as finance minister under any president.Nampa-Reuters