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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...

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