IMF adopts a more upbeat tone on SA

Sep 5, 2024

Country able to repay its $4.3bn loan even in a downside scenario, says Washington-based lender

​Country able to repay its $4.3bn loan even in a downside scenario, says Washington-based lender   

The IMF has pointed to “upside risks” to SA’s economic growth rate, saying confidence and growth will lift if the government of national unity (GNU) can deliver faster economic reforms.

It also urged the government to use the opportunity of a fresh mandate to reinvigorate the reform process…

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