South Africa 2012 Article IV Consultation

The Staff Report for the 2012 Article IV Consultation states that the policy pursued by South Africa has resulted in domestic and external stability, despite prevailing adverse circumstances. Given the volatile situation in the world economy as a whole-and Europe in particular-countercyclical moneta...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2012
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The Staff Report for the 2012 Article IV Consultation states that the policy pursued by South Africa has resulted in domestic and external stability, despite prevailing adverse circumstances. Given the volatile situation in the world economy as a whole-and Europe in particular-countercyclical monetary policy should be pursued, as fiscal revenue is likely to decline further. The report advocates utmost vigil from the South African Reserve Bank (SARB) to provide the much needed impetus to the economy by instilling investor confidence and a tight leash on future inflationary trends
Physical Description:70 pages
ISBN:9781475505863