News America Opinion My China South Africa

IMF lowers growth forecasts for South Africa's economy

The International Monetary Fund (IMF) has lowered its growth forecasts for the South African economy in 2020 and 2021, citing Eskom's nationwide power cuts, structural constraints and deteriorating public finances for the move.

The IMF now sees the economy growing at 0.8% this year, down from the previous forecast for 1.1% growth, and 1.0% in 2021, down from an earlier prediction of 1.4% growth. Eskom's implementation of load shedding in recent months has negatively affected economic output and lowered investor confidence.

IMF lowers growth forecasts for South Africa's economy

[File Photo: AFP]

China Plus Published:2020-01-2117:55:29

Read More (still 0% left)

TOP STORIES

MOST VIEWED

网站地图 申博娱乐官网 澳门大三巴赌场 申博娱乐注册 申博直营现金网
太阳城申博桌面安装版下载 沙龙游戏怎么登入 777老虎机微信支付充值 申博网上娱乐总公司
申博游戏手机下载 申博 申博娱乐开户 申博app下载
申博棋牌游戏 捕鱼游戏 申博游戏下载 盛618网址
申博游戏下载 申博棋牌游戏 申博游戏注册 申博代理