IMF identifies Eskom as “a major risk” to South Africa’s growth

The IMF, in its main findings, found that SA’s growth outlook is dependent on the pace of structural reforms, particularly at Eskom.

National Treasury has welcomed and noted the key risks identified – including Eskom – and proposed policy recommendations by the International Monetary Fund (IMF) during a recent visit to the country last month.

The IMF visited South Africa from 27 – 31 May 2019 to discuss economic developments in the country. IMF staff met with government, the South African Reserve Bank, State-owned enterprises (SOEs), business and academia.

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