Why SA is bracing for 2% growth this year
If last year represented SA’s rebound from the Covid crisis, 2022 is more likely to represent the hangover. Economists expect another tumultuous year, unless economic reform gains momentum
13 January 2022 - 05:00
As countries around the world begin to unwind supportive fiscal and monetary policies, 2022 will be the first proper year of economic normalisation after the onset of the Covid pandemic, assuming no nasty new variants emerge.
While global growth is likely to cool by about a percentage point as a result compared with the rapid bounce-back in 2021, average consensus forecasts remain robust at 3.9% for developed countries and 5% for emerging markets...
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.