South Africa: Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for South Africa
July 28, 2020
Download PDF
Preview Citation
Format: Chicago
South Africa: Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for South Africa, (USA: International Monetary Fund, 2020) accessed December 25, 2024
Summary
The COVID-19 outbreak is leading to a sharp economic contraction and creating significant financing needs in South Africa. The IMF approved US$4.3 billion in emergency financial assistance under the Rapid Financing Instrument (RFI) to support the authorities’ efforts in addressing the challenging health situation and severe economic impact of the COVID-19 shock. Once the pandemic is behind, there is a pressing need to ensure public debt sustainability and implement structural reforms to support the recovery and achieve sustainable and inclusive growth.
Publication Details
-
Pages:
52
-
Volume:
---
-
DOI:
---
-
Issue:
---
-
Series:
Country Report No. 2020/226
-
Stock No:
1ZAFEA2020003
-
ISBN:
9781513551722
-
ISSN:
1934-7685
