The International Monetary Fund urged SA to pursue an “ambitious” fiscal consolidation to cut debt, as it warned that the economy remains vulnerable with key metrics having deteriorated despite a bigger-than-forecast rebound in 2021.
Coming a day after President Cyril Ramaphosa announced a one-year extension of the special Covid-19 social relief grant for the unemployed at an estimated cost of R50bn, the Washington-based lender, which completed a so-called Article IV consultation with SA in December, said in a statement on Friday that the country also needed to ensure protection for “the most vulnerable”. ..
IMF must just put the ANC on dedt review. The socialists always end up there poor and confused. Where did all the money go iissh
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The gross inefficiency of government cause us citizens to pay dearly to get by. Unemployment, FDI, safty, education, medical, trains, electricity, water………… municipal services………
ANC ✊🏿💩
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