Speaker, the hon George is conceding that, firstly, we do need ambitious targets for job creation in South Africa. Secondly, the whole purpose of the New Growth Path is to set the economy on a trajectory which will enable us to begin to reach out to that kind of ambitious target.
Nowhere in the New Growth Path do we suggest that the youth wage subsidy is the only way in which we will get there. There is a host of measures, which include, amongst others, microeconomic and macroeconomic sectoral interventions and the Ipap programme that Minister Davies is championing, that will be required to get us to the 5 million jobs.
Let us also be very mindful of the global economy and the dynamics that are unfolding there. All of that also will have a serious impact upon growth prospects in South Africa. Exactly what those impacts will be will be determined in the next few months as we get some level of stability within the global situation, if we get there at all.
The discussions in Nedlac are aimed precisely at understanding the concerns, some of which are very legitimate, such as: Will workers that are subsidised through the youth wage subsidy replace existing permanent workers in an enterprise? Will there be other unintended consequences? Our appeal to everyone concerned is that the youth wage subsidy is only one instrument amongst many others. There are other strategies being worked upon as well and, finally, if there are design issues as far as youth wage subsidy is concerned, let us sit around the table and find relevant answers. Thank you.