IMF South Africa: 2024 Article IV Consultation

31 Jan 2025
31 Jan 2025

The International Monetary Fund (IMF) published the findings of its Article IV Consultation with South Africa, which was held from 11-25 November 2024. This includes the Press Release, the Staff Report, and the Statement by the Executive Director for South Africa. "The IMF acknowledged progress in banking-resolution and safety-net reforms and praised macro-prudential measures to bolster capital buffers. However, it raised concerns on the rising public debt and the challenges South Africa’s faces to meet climate goals."