DST and Treasury join forces to achieve 1.5% target

South Africa's Department of Science and Technology has endeavoured to work closely with the treasury ministry in order to reach its target of spending 1.5 per cent of GDP on R&D by 2019.

Science minister Naledi Pandor made the remarks at a media briefing ahead of the tabling of her department’s budget for 2015/16 at Parliament in Cape Town on 21 May.

Pandor said that she has set up a joint task team with her counterpart in the National Treasury, Nhlanhla Nene, although it is still at an early stage.