Ramaphosa Appoints Michael Sachs as Economic Adviser, Bringing Back Ex-Treasury Budget Chief
Updated
Updated · Bloomberg · Jun 24
Ramaphosa Appoints Michael Sachs as Economic Adviser, Bringing Back Ex-Treasury Budget Chief
2 articles · Updated · Bloomberg · Jun 24
Summary
Michael Sachs, who ran South Africa’s Treasury budget office from 2015 to 2017, was appointed President Cyril Ramaphosa’s economic adviser and is expected to take up the post in coming weeks.
Ramaphosa is bringing a fiscal-policy technocrat back into government as South Africa pushes to accelerate growth and deepen economic reforms.
Presidency spokesman Vincent Magwenya announced the appointment on Wednesday, and Sachs separately confirmed it by phone.