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Assessing and promoting civil and minority rights in South Africa.

[Source: Engineering News.]

The International Monetary Fund on Tuesday cut South Africa’s economic growth forecasts for this year and next, as it urged implementation of reforms to improve policy certainty and the efficiency of State-owned companies.

Having stagnated for a decade, Africa’s most industrialised economy slipped further in the second quarter by entering recession for the first time since 2009. In response, President¬†Cyril Ramaphosa¬†announced a plan to shift government expenditure and launch an infrastructure fund.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.9% y/y in August 2018 (CPI) & +6.3 y/y in August 2018 (PPI)
-0.7% q/q (2nd quarter of 2018)
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