SA faces long road to recovery from Trump tariffs, says OECD
But report forecasts monetary policy easing and two-pot pension payouts will enhance economic activity and consumption
08 June 2025 - 09:38
In a mixed outlook for South Africa, the Organisation for Economic Co-operation and Development (OECD) warns that South Africa's recovery from the US tariff regime will be slow, though two-pot pension system payouts will increase spending in the local economy.
The OECD report came in the same week that Stats SA said the economy grew by just 0.1% in the first quarter...
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