Chairperson, the ANC supports the Budget Vote. To address the challenges, the ANC-led government has adopted an approach of infrastructure build and industrialisation for there to be a more equitable growth path. This must, ultimately, result in changes in the structure and patterns of our economy.
The ANC's vision, as defined in our policies, is that of a mixed economy, in which the state, private capital, co-operatives and other forms of social ownership complement each other in an integrated way to eliminate poverty and foster shared economic growth, hon Van Lingen.
We have stated further that our vision of the future includes a sustainable economy, in which all South Africans, including present and future generations, realise the right to an environment that is not harmful to their health or wellbeing. It is imperative, therefore, that this vision guides all our policies, strategies and plans for the New Economic Growth Path, as exemplified by the inclusion of the promotion of the green economy in the Industrial Policy Action Plan, Ipap.
The New Growth Path calls on the state to provide bold, imaginative and effective strategies to create the millions of new jobs the South African economy needs. This requires a combination of initiatives of direct state involvement, private-sector partnerships and the mobilisation of civil society. The policy options to support youth employment will provide an additional lever for government to create jobs and will not be limited to any particular sector.
Our economy can create employment through the large-scale expansion of infrastructure in mining, in agriculture, in the services industries, in the construction industry, in the tourism industry, and in new economic areas, such as in the green economy and in knowledge-based sectors, in rural development, in African regional development, and through the social economy and the public sector.
The state, private capital, co-operatives and other forms of social ownership can and must complement each other in an integrated way to redirect and transform economic growth in order to bring about greater equity. The ANC supports the Budget Vote. [Time expired.]
Vote agreed to (Democratic Alliance and Independent Democrats dissenting).
Vote No 37 - Transport - put:
Declarations of vote: