ANC urges central bank to help poor

South Africa’s ruling party on Thursday called on the central bank to help lift economic growth and help the poor, an hour after interest rates were left on hold.

“The African National Congress (ANC) implores the committee members (of the central bank) to prioritise the plight of poor South Africans,” the ANC said in a statement.

“The ANC believes that Monetary Policy is a critical legislative instrument in driving growth, creation of jobs and reduction of the capital costs in the economy.”