Global growth report highlights South Africa’s laggard status




The World Bank expects growth in South Africa to recover to 1.1% in 2018, from 0.8% in 2017, on the back of improving business sentiment, which should support a modest rise in investment.

The January Global Economic Prospects report upgraded the bank’s estimate of South Africa’s 2017 growth performance by 0.2 of a percentage point, owing to a stronger-than-expected second half. The country is forecast to grow by 1.7% in 2019 and 2020.


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http://www.engineeringnews.co.za/article/global-growth-report-highlights-south-africas-laggard-status-2018-01-10/rep_id:4136

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