# The International Monetary Fund has revised South Africa’s 2025 economic growth forecast down to 1-percent, significantly lower than the National Treasury’s projection of 1.5-percent in January. In March, Finance minister Enoch Godongwana was still forecasting growth of 1.7-percent this year. The IMF attributes this downgrade to escalating global trade tensions, particularly the impact of US tariffs under president Donald Trump disrupting global supply chains and dampened investor confidence. The IMF warns that continued trade disputes could further hinder global economic growth.
IMF cuts South Africa’s growth outlook amid global trade tensions