The President announced a National Lockdown on 23 March, a difficult decision - in whose absence the health, social and economic consequences would have been far worse today.
The declaration enabled our nation to have an integrated and coordinated response to deal with the spread of the Corona virus, and set into motion our disaster management mechanism focusing on preventing and reducing the outbreak of the virus.
Government has accordingly decided that beyond Thursday 30 April, we should begin a gradual and phased recovery of economic activity, which will be implemented through a deliberate and cautious approach to the easing of current lockdown restrictions associated with the current level 5 classification as explained by the President on 23 April 2020.
In undertaking the Risk Adjusted Approach, we have sequenced and phased in key sectors and priority areas with a view to deepening the fight against COVID-19 whilst rebuilding our economy.
The phased in approach will affect key economic sectors and drivers as well as promote human development and wellbeing. It had been expected that in some cases, a sector would not be able to return to full production during Level 4 or even at lower levels while the risk of infection remains.
REBUILIDING OUR ECONOMIC SECTORS
If government does not coordinate the response, there is a risk of more job losses and the contracting of the economy to unprecedented levels and it is in that context that current funding or disaster response through reallocation, reprioritisation and emergency funds must also be seen.
This plan spans over six to eight months, because we believe that the curve peak will probably arrive in September 2020.
Following the President's address on 21 April 2020, the National Treasury has issued second set of measures aimed at assisting individuals and businesses through the economic hardships brought by the pandemic.
These measures consist of fiscal and support instruments to help our economy overcome the severe impact on production, markets, trade and employement. The interventions include: