Minister David Maynier to table the Western Cape PERO and MERO in the provincial legislature
On Tuesday, 20 October 2019, the Minister for Finance and Economic Opportunities, Minister David Maynier will be tabling the Western Cape Provincial Economic Review and Outlook (PERO) and the Municipal Economic Review and Outlook (MERO) in the provincial legislature.
The PERO and the MERO are annual economic research publications produced by the Provincial Treasury, aimed at informing policy-makers, departments and municipalities on key economic issues. They are valuable sources of economic intelligence that will guide the policy, planning and budgeting processes to ensure service delivery for all the people in the Western Cape, and as such provide a taste of what’s to come in the 2020 Western Cape Medium Term Budget Policy Statement.
These world-class documents contain a review and analysis of past and forecasted economic growth, sectoral developments, labour market dynamics and socio-economic developments across the Western Cape, considering the impact of global and national developments on the regional economy. This year’s edition also provides valuable insights on the impact of the Covid-19 pandemic on the global, national and provincial economies, and importantly, looks at unique opportunities for growth and investment in the province as we look towards rebuilding our economy in the Western Cape.
For this reason the PERO and MERO also provide valuable data and insights for media, business leaders, economists and those looking for investment opportunities in the Western Cape.
The Minister of Finance and Economic Opportunities would like to invite all interested media and members of the public to watch the livestream of the sitting of the Western Cape Parliament at which the PERO and MERO will be tabled.
Date: Tuesday, 20 October 2019
Time: 14:15 – 15:00
Livestream: https://www.youtube.com/channel/UCRtjEU4TYg1QY2N9iPyYH-A
Media enquiries:
Francine Higham
Tel: 021 483 4327
Cell: 071 087 5150
E-mail: francine.higham@westerncape.gov.za
