IMF: Optimism of economic growth in South Africa has faded

The International Monetary Fund (IMF) has stated that the initial optimism about economic growth in South Africa is fading. State entities such as Eskom and SAA are mentioned as the key risks that can slow the economy. Furthermore, land reform is criticized and according to the IMF, SA should focus more on expanding agricultural productivity and residence security.

International opinion shows the impossibility of the ANC regime’s communist based policy, but it is clear that the policy must be implemented to get the support of the masses in the 2019 election.

Although he had a big boast about the many investments that the country is going to receive, the president once again deceived the voters, because in the meanwhile it has come to light that these claims wont materialise.

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

Source link