SA urgently needs reforms amid rising risks, says IMF
The International Monetary Fund has urged more "decisive" reforms to boost private investment in South Africa, forecasting economic growth to remain sluggish for a sixth consecutive year in 2020.
The African continent's most industrialised country has been dogged by high and rising debt, low growth and record-high unemployment over the last decade.
"A more decisive approach to reform is urgently needed," an IMF team said at the end of their visit.
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"Impediments to growth have to be removed, vulnerabilities addressed, and policy buffers rebuilt," it
