International Monetary Fund (IMF)

IMF lowers South Africa's economic growth forecasts

Citing policy and political uncertainty, the International Monetary Fund (IMF) on Tuesday lowered its forecast for South Africa's economic growth in 2019, from 1.5 percent to 1.3 percent.

No downgrade for South Africa

Ratings agency Standard and Poor’s (S&P) has kept its assessment of the South Africa’s sovereign credit rating unchanged but with an outlook on negative.

Eurozone, IMF secure new deal to reduce Greek debt

Eurozone finance ministers and the International Monetary Fund (IMF) have struck a deal to release the next tranche of bailout money for debt-laden Greece.

South African Government welcomes IMF assessment

South Africa must press ahead with reforms to ensure its economic stability and Job creation is an urgent national priority to reduce the stubbornly high rate of unemployment.

IMF lowers South Africa economic growth forecasts

South Africa's economic growth is likely to moderate in 2012 due to weak external conditions and global uncertainty, the International Monetary Fund said on Thursday, adding monetary policy should remain accommodative given limited fiscal space.

National Treasury clarifies $2bn IMF commitment

South Africa on Tuesday announced its commitment to invest $2 billion of its reserves to the IMF. This as President Jacob Zuma attended the two-day G20 Summit in Los Cabos, Mexico. The summit concluded yesterday.

South Africa commits $2bn in IMF firewall

President Jacob Zuma has committed some of South Africa’s reserves to an International Monetary Fund ‘firewall’ meant to prevent future financial crises.

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