Urgent reforms needed to put SA on lasting growth path, IMF warns

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa Headlines News

Structural bars to private investment and job creation should be removed to provide lasting recovery, the fund says

Without decisive action to remove obstacles to investment and reduce the government’s need to borrow, SA will be unable to create lasting growth or employment, the IMF has warned.

In a statement after its most recent mission to SA, the IMF said the country’s cyclical recovery from the pandemic shock has done little to address rocketing joblessness amid deteriorating confidence — worsened by July’s riots, anaemic private sector investment, and weak credit extension. ..

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The best and only reform is to never allow this crime against SouthAfricans called ANC to govern. Zero shame , Zero Vision. They are incompetent & toxic. limpopo easterncape mandelabay familymeeting loadsheddding OmicronVariant alfred_cabonena VusiThembekwayo

Lol🥲

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Whistle-blowers have helped SA – the country must help them in return | CitypressAfter the unsurprisingly low voter turnout in the last elections, we need not look too far for the reasons for South Africans’ despondency and apathy. Congratulations to the lucky winners yesterday.We are still giving out a payment of R17000 to R19000 to the first 30 people to comment CASH just like we did yesterday . Congratulations to the lucky winners yesterday.We are still giving out a payment of R17000 to R19000 to the first 30 people to comment CASH just like we did yesterday . Good Morning Can anyone please assist or share my message, I’m really in need of assistance. I’m a bricklaying apprentice currently busy with my 2nd year, can anyone please assist me with taxi fare to school, my return fare is R55. .🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾 Contact details: 071 950 3434
Source: City_Press - 🏆 7. / 72 Read more »

Pfizer Covid-19 booster shots get the nod in SASAHPRA confirmed that it had approved the 'optional third (booster) dose' of the Covid-19 vaccine after Pfizer had applied for approval. Everything started off as optional then end up mandatory shabs_i_r 👍🍾
Source: TimesLIVE - 🏆 28. / 59 Read more »

Fraud case just one example of governance failings at Basketball SAFraud case just one example of governance failings at Basketball SA: The sport body’s former national administrator allegedly stole money by substituting his own bank account details for a service provider’s
Source: mailandguardian - 🏆 2. / 92 Read more »

SA remains on US travel ban listThe US is keeping its travel restrictions against South Africa -- for now. eNCA Washington DC correspondent, Simon Marks spoke with eNCA's Shahan Ramkissoon. Abramjee This is BS!! China must start paying for the damage they caused to our economy!! COVID19 SouthAfrica 🖕USA Abramjee Ban their vaccines also 😂
Source: eNCA - 🏆 49. / 51 Read more »

Government ‘wins first round’ in SA-Israeli Miss Universe fallout | CitypressGovernment’s decision to withdraw its support for Miss SA Lalela Mswane for her participation in Miss Universe in Israel still stands – for now. Go make us proud Official_MissSA Lalela_lali , plz use this opportunity to speak your truth, & implore both nations for a ceasefire. And bring title home too. Cyril Ramaphosa is an amateur in politics..you can issue a statement condemning Israel behavior on Palestine but let MissUniverse continue...imagine America withdrawing the support of it Olympic team in China.Biden didn't honor the event but the US Olympic supported competing. What does one expect from a government that has Gwede Mantashe in it?
Source: City_Press - 🏆 7. / 72 Read more »

Pfizer Covid-19 booster shots get the nod in SASAHPRA confirmed that it had approved the 'optional third (booster) dose' of the Covid-19 vaccine after Pfizer had applied for approval. Omicron variant discovered a week or so ago. Pfizer is claiming they’ve already done a study showing their booster is effective against it. Everything gets a nod in SA as long as it comes from western countries. They can't say no and they know why and what they signed for.
Source: SowetanLIVE - 🏆 13. / 63 Read more »