South Africa 2008 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussions; and Statement by the Executive Director for South Africa

This 2008 Article IV Consultation highlights that South Africa's economic performance has strengthened in the last several years, with real GDP growing by 5-5 1\2 percent in 2005-07, inflation declining to mid-single digits until recently, and employment growing steadily. However, 2008 saw a sl...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 01485nmm a2200229 u 4500
001 EB000930658
003 EBX01000000000000000724254
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451841077 
245 0 0 |a South Africa  |b 2008 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussions; and Statement by the Executive Director for South Africa 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2008 
300 |a 63 pages 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781451841077.002 
856 4 0 |u http://elibrary.imf.org/view/journals/002/2008/348/002.2008.issue-348-en.xml  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This 2008 Article IV Consultation highlights that South Africa's economic performance has strengthened in the last several years, with real GDP growing by 5-5 1\2 percent in 2005-07, inflation declining to mid-single digits until recently, and employment growing steadily. However, 2008 saw a slowdown in activity, reflecting the cumulative impact of electricity power shortages, the global slowdown, and past monetary tightening. Executive Directors have welcomed the authorities' pursuit of a prudent fiscal policy, and their intention to maintain a broadly neutral fiscal stance in 2008