Risks aplenty even as IMF bumps up SA’s 2021 growth forecast
The adjustment for 2021 is a 1 percentage point increase from the IMF’s July forecast for SA
12 October 2021 - 15:57
UPDATED 12 October 2021 - 23:08
The IMF has raised its forecast for SA’s GDP growth in 2021 by a percentage point even as it pointed to risks to the global economy — not least higher global interest rates as faster inflation persists — that could see the momentum stall.
In its latest World Economic Outlook, released twice a year, the multilateral financier bumped up SA’s 2021 projected growth rate to 5%, a healthy increase from what it expected in July...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.