ANC Youth League says monetary and fiscal policy must work together to support economic growth [SOUND]

# The ANC Youth League says economic policies must place equal emphasis on growth, production and job creation alongside inflation management. Consumer price inflation skyrocketed to five-percent last month, the highest level in two years. Meanwhile, the South African Reserve Bank’s Monetary Policy Committee has maintained the repo rate at 7.5-percent and the prime lending rate at 10.50-percent. ANC Youth League spokesperson, Sindiswa Scheepers, says monetary and fiscal policy need to work in a coordinated manner to support economic growth and job creation: