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Economic Digest 24 The Green Paper that’s creating all the buzz by Kenny Pasensie

Economic Digest 24 The Green Paper that’s creating all the buzz by Kenny Pasensie

The Department of Social Development recently published, for public comment, a Green Paper on
Comprehensive Social Security and Retirement Reform. In policy development, a Green Paper is akin
to a shopping list that contains a wide range of proposals that may or may not become policies that
the government adopts. One of the key proposals is for an additional tax of up to 12% on employers
and employees, the money to go to a government-run National Social Security Fund. The
Department’s Green Paper was met with a wide range of reactions – from outright rejection to
cautious support. The following articles provide an insight into what the Green Paper proposes and
some of the reaction to it.  Economic Digest 24 The Green Paper that’s creating all the buzz by Kenny Pasensie