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This is a 'colossal assignment' – new Finance Minister

David van Rooyen

David van Rooyen

Photo by Duane Daws

10th December 2015

By: News24Wire

  

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Newly appointed finance minister David van Rooyen on Thursday said he was aware he was facing a "colossal" assignment in his new job.

"As you are all aware, mine is a colossal assignment coming at a time when the global economic outlook is not favourable, more especially for emerging markets," he said following his swearing in at the Union Buildings in Pretoria.

"All economic indicators, as you are all aware, are pointing to the south. Now I must undertake in front of you, and the nation, that I will... ensure every policy is directed at creating favourable investment conditions, leading to the development of South Africa for all South Africans - not for the few."

Van Rooyen said he would meet his new team at the National Treasury in due course, hopefully on Friday.

He also said he would start proper engagements with the media and the nation and was planning to make the National Treasury more accessible to "demystify myths" about the department.

News24.com

Edited by News24Wire

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