The equity market clearly reflects the challenges present, and although the Alsi is up almost 7 per cent year to date, the mining, platinum and gold sectors have witnessed hefty declines, while in US dollar terms, the MSCI for South Africa is almost 13 per cent lower. 2.
In this light, I therefore intend, in the initial stages, to publish the OECD definition alongside the Israeli definition – both in statistics and in terms of budget deficit targets – and at a later stage we will publish and set policies solely according to the international definition.