CLEAN : S.Africa budget pushes redistribution amid power struggle

The transcript discusses achievements in 2016 and 2017, emphasizing the importance of transformation and inclusive growth as a national mission. It highlights the need for consensus and resource mobilization to achieve objectives. The speaker stresses the significance of building strong institutions, noting that while it takes years to establish them, they can be quickly undermined. The future of institutions, particularly in South Africa, is considered crucial for upcoming generations, with the Treasury being a key example.

What were the economic growth percentages delivered for the years 2017 and 2016?

• 3.4% for 2017 and 4.3% for 2016

• 4.3% for 2017 and 3.4% for 2016

• 4.3% for 2017 and 4.3% for 2016

• 3.4% for 2017 and 3.4% for 2016

What is described as a national mission in the video?

• Transformation and inclusive growth

• Economic stability

• Environmental sustainability

• Technological advancement

What should society focus on to achieve collective objectives?

• Increasing individual wealth

• Mobilizing all available resources

• Reducing government intervention

• Enhancing technological infrastructure

What is a key lesson about institutions mentioned in the video?

• They can be built quickly but are hard to destroy

• They take years to build but can be damaged quickly

• They require constant financial investment

• They are immune to external influences

Why is it important to protect institutions according to the video?

• To reduce national debt

• To maintain political power

• For the benefit of future generations

• To ensure economic growth