South Africa : Financial Sector Assessment Program-Financial System Stability Assessment.

The economy recovered strongly in 2021, following an unprecedented real output contraction in 2020. However, the outlook remains precarious amidst projected future low growth, high unemployment and adverse debt dynamics, and the recovery pace is unlikely to be sustained. Ample buffers allowed the fi...

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Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund. Monetary and Capital Markets Department
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2022.
Sarja:IMF Staff Country Reports; Country Report ; No. 2022/039
Aiheet:
Linkit:Full text available on IMF
Kuvaus
Yhteenveto:The economy recovered strongly in 2021, following an unprecedented real output contraction in 2020. However, the outlook remains precarious amidst projected future low growth, high unemployment and adverse debt dynamics, and the recovery pace is unlikely to be sustained. Ample buffers allowed the financial system to handle the COVID-19 shock relatively well, but domestic and external downside risks remain substantial-with potential implications for asset quality, profitability, and solvency.
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Ulkoasu:1 online resource (64 pages)
Aineistotyyppi:Mode of access: Internet
ISSN:1934-7685
Pääsy:Electronic access restricted to authorized BRAC University faculty, staff and students