South Africa: Staff Report for the 2006 Article IV Consultation

September 15, 2006

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South Africa: Staff Report for the 2006 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed October 8, 2024

Summary

South Africa showed strong macroeconomic performance owing to its sound policies, which aimed at raising economic growth and reducing poverty, within a stable macroeconomic, social, and political environment. Executive Directors commended the strong economic performance, sustainable fiscal policies, and sound debt management that helped to reduce public debt. They appreciated the authorities' efforts on addressing major economic and social challenges while preserving macroeconomic stability. They agreed that the flexible exchange-rate system and sound financial system has helped the country to sustain economic growth.

Subject: Balance of payments, Banking, Central banks, Current account deficits, External debt, Inflation, International reserves, Prices, Public debt

Keywords: Africa, CPIX inflation, CR, Current account deficits, Global, Inflation, International reserves, ISCR, Purchasing managers' index, Staff appraisal, Sub-Saharan Africa, Trade data, Transport price, World oil price

Publication Details

Pages:

68
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/327
Stock No:

1ZAFEA2006001
ISBN:

9781451841039
ISSN:

1934-7685

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