# The International Monetary Fund says South Africa is restoring fiscal credibility despite geopolitical risks, but needs to deliver faster economic reforms to lift investment and growth. It sees the country’s growth rate at one-percent this year, 0.2 percentage points less than National Treasury’s estimate. It also projects debt-to-gross domestic product stabilising over the next five years. The IMF’s Tidiane Kinda says to get the growth rate to as high as four-percent, South Africa needs to fast-track reforms to attract more private investment in power generation and logistics.
IMF says South Africa needs to deliver faster economic reforms to lift growth