SOUTH AFRICA: NEGATIVE GROWTH
IMF - On July 25, 2018, the Executive Board of the International Monetary Fund concluded the Article IV consultation with South Africa.
Amid a marked growth deceleration, some of South Africa's economic and social achievements after the end of apartheid have recently unwound. While the economy is globally positioned, sophisticated, and diversified, gaps in physical infrastructure and education create large productivity differentials across sectors. Low consumer and business confidence has dampened productivity growth. Fast growing debt…
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