Prospects for 2020 and 2021 have worsened considerably owing to the COVID-19 pandemic, pressure on state finances, poor financial condition of SOE’s, and South Africa’s sovereign credit risk downgrade to junk status. Meanwhile, uncertainty remains around government's post-COVID-19 economic recovery strategy and its commitment to much-needed market-friendly structural reforms. Consequently GDP growth is expected to average -8.3% in 2020 and -1.3% 2021.
The South Africa Economic Review & Forecast is a quarterly economic overview covering the global outlook and a range of domestic topics. Each topic is highlighted with graphs and forecasts for the next few quarters are contained in tables.
The report comprises the following key sections:
- Executive summary
- Global developments and outlook
- South Africa economic growth: Production
- South Africa economic growth: Demand
- Gross fixed capital formation
- Debt and saving
- Monetary policy & interest rates
- Exchange rates
- Balance of payments
- Fiscal Policy and Bond Yields
- Equity markets
- Forecast tables
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.