JOHANNESBURG - The International Monetary Fund said the South Africa's economic recovery from the COVID-19 pandemic should continue this year - as sectors that have been lagging would mitigate agains
JOHANNESBURG - The International Monetary Fund said the South Africa's economic recovery from the COVID-19 pandemic should continue this year - as sectors that have been lagging would mitigate against the impact of local events, which had a devastating impact on the economy.
The conclusion of the visit comes as Stats SA announced that gross domestic product had risen by 1.9% in the first quarter of the year. Among the proposals, it states that South Africa needs to urgently remove obstacles to private investment and encourage competition to reignite economic growth in the medium term.
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