Analysis by Region - Emerging Markets - South Africa

Analysis by Region - Emerging Markets - South Africa



The budgetary estimates presented in South Africa's 2024 mini-budget are marginally worse than those in the 2024 Budget. Nonetheless, favourable political changes have eased risk perceptions, which could lower the interest paid on debt.


South Africa: Mini-budget disappoints but inflation outlook improves
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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