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240607 ||| eng |
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|a 9781513551722
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|a South Africa
|b Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for South Africa
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|a Washington, D.C.
|b International Monetary Fund
|c 2020
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|a 52 pages
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|a South Africa
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|a International Organizations
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|a Monetary economics
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|a International agencies
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|a International organization
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|a International institutions
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|a International Economics
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|a Monetary policy
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|a Monetary Policy
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|a Money and Monetary Policy
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|a International Agreements and Observance
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|a International Monetary Fund
|b African Dept
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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|a IMF Staff Country Reports
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|a 10.5089/9781513551722.002
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|u https://elibrary.imf.org/view/journals/002/2020/226/002.2020.issue-226-en.xml?cid=49612-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The COVID-19 outbreak is leading to a sharp economic contraction and creating significant financing needs in South Africa. The IMF approved US$4.3 billion in emergency financial assistance under the Rapid Financing Instrument (RFI) to support the authorities’ efforts in addressing the challenging health situation and severe economic impact of the COVID-19 shock. Once the pandemic is behind, there is a pressing need to ensure public debt sustainability and implement structural reforms to support the recovery and achieve sustainable and inclusive growth
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