Much as they have a significant bearing on developments in South Africa, I will not dwell too much on global economic developments, since these have received much attention here in Washington D.C. following the publication of the IMF’s April 2015 World Economic Outlook and Global Financial Stability Report last Tuesday.
Recent economic developments in South Africa In line with developments in many other EMEs, policy formulation remains challenging in South Africa. The key the challenge is the difficulty in lifting economic growth.