The role of the DBSA is going to be very important in ensuring that we support municipalities in order for them to be able to invest in the public sector infrastructure development which, in our view, will lead to job creation, improve household incomes and also stimulate growth.
They are also going to have an important role in ensuring that local economic development strategies are being supported; that the needs and interests of our people are taken into account, and that they assist in building capacity for those particular municipalities, because we believe that they are going to be playing an important role.
The other critical point which we would also want to mention is the role of local, provincial and national development finance institutions. We believe these institutions need to be under the leadership of a national DFI council which will basically monitor and ensure that all of these DFIs meet their mandate and vision as stipulated in the ANC's election manifesto. Thank you. [Applause.]