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  1. South Africa
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for South Africa
    Published: February 2022
    Publisher:  International Monetary Fund, Washington, D.C.

    South Africa's subpar economic performance over the last decade has weakened its macroeconomic fundamentals and social indicators. In response to formidable COVID-19-related challenges, government expenditure surged, and, amid declining revenue, the... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    South Africa's subpar economic performance over the last decade has weakened its macroeconomic fundamentals and social indicators. In response to formidable COVID-19-related challenges, government expenditure surged, and, amid declining revenue, the budget deficit widened significantly. The South African Reserve Bank (SARB) and the Prudential Authority (PA) preserved adequate liquidity conditions and financial-sector stability. The cyclical recovery from the deep contraction has been faster than expected but its strength is unlikely to be sustained. Benign global market conditions have supported asset performance, although term premia are elevated due to fiscal risks. Bank soundness indicators remain solid, but a deepening bank-sovereign nexus raises some concerns

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9798400200250
    Other identifier:
    Series: IMF country report ; no. 22, 37
    Subjects: State Capture report; IMF South Africa team; U.S. dollar; headline inflation; IMF-World Bank; COVID-19; Inflation; Africa; Global; International Agreements and Observance; International Organizations; Monetary Policy
    Scope: 1 Online-Ressource (circa 128 Seiten), Illustrationen
  2. South Africa
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for South Africa
    Published: February 2022
    Publisher:  International Monetary Fund, Washington, D.C.

    South Africa's subpar economic performance over the last decade has weakened its macroeconomic fundamentals and social indicators. In response to formidable COVID-19-related challenges, government expenditure surged, and, amid declining revenue, the... more

    Access:
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    South Africa's subpar economic performance over the last decade has weakened its macroeconomic fundamentals and social indicators. In response to formidable COVID-19-related challenges, government expenditure surged, and, amid declining revenue, the budget deficit widened significantly. The South African Reserve Bank (SARB) and the Prudential Authority (PA) preserved adequate liquidity conditions and financial-sector stability. The cyclical recovery from the deep contraction has been faster than expected but its strength is unlikely to be sustained. Benign global market conditions have supported asset performance, although term premia are elevated due to fiscal risks. Bank soundness indicators remain solid, but a deepening bank-sovereign nexus raises some concerns

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9798400200250
    Other identifier:
    Series: IMF country report ; no. 22, 37
    Subjects: State Capture report; IMF South Africa team; U.S. dollar; headline inflation; IMF-World Bank; COVID-19; Inflation; Africa; Global; International Agreements and Observance; International Organizations; Monetary Policy
    Scope: 1 Online-Ressource (circa 128 Seiten), Illustrationen