The Treasury said if the proposals contained in a new report were implemented, annual growth could expand by as much at three percent, creating one million jobs. Finance Minister Tito Mboweni said that the report, titled “Economic transformation, inclusive growth and competitiveness: towards an economic strategy for South Africa” compiled by the Treasury has been released for the public to comment by 15 September. It has been reported that export competitiveness needs to be promoted to enhance regional growth opportunities.