South Africa’s National Treasury says it was more optimistic than the International Monetary Fund on the medium-term economic growth outlook after the IMF said it expected a lacklustre performance.
It says the National Treasury acknowledges the difficult juncture South Africa is at adding that it believed medium-term growth would be driven by a gradual recovery in confidence and private investment.
South Africa’s National Treasury says it was more optimistic than the International Monetary Fund on the medium-term economic growth outlook after the IMF said it expected a lacklustre performance.
It says the National Treasury acknowledges the difficult juncture South Africa is at adding that it believed medium-term growth would be driven by a gradual recovery in confidence and private investment.
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