Transcription of Revised Medium Term Strategic Framework (MTSF) 2019-2024
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Revised Medium Term Strategic Framework (MTSF) 2019-2024 Introductionandbackground Currentcontext Problemstatement Approach to the MTSF and the revision Key interventions per priority area Driving implementation2 Overview of the presentationIntroduction and background3 TheMTSF2019-2024wasdevelopedin2019,appro vedbyCabinetattheendofOctober2019andoffi ciallylaunchedwiththeSONA2020forimplemen tation Subsequently,adecisionwastakentoreviseth eMTSF basedoncriticalnewdevelopmentsincludingt heCOVID-19pandemic Amongtheimpactsofthepandemicwassignifica ntbudgetreprioritization.
apartheid legacy” (25-year review, DPME, 2019) Lack of economic transformation, continued economic exclusion, skewed ownership patterns and slow land redistribution High levels of unemployment, poverty and hunger exacerbated by COVID-19 Persistence of wealth, income and gender inequality Imbalance between redistribution and productive capacity
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