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Economic Outlook

Date: 2012 - July
Document Type: Economic Outlook
Description: A detailed forecast of the SA economy for the coming 5-6 years
   
Title: Economic Outlook, June 2012
   

The BER considered three alternative scenarios for the SA economy over the period 2012 to 2025. The baseline scenario provides for GDP growth to revert back to the long-term average of about 3½% between 2012/25. The low-road entails a domestic economic performance that reflects both weaker international economic conditions and a decidedly less supportive domestic political and associated fiscal policy condition. The high-road scenario is characterised by both relatively improved international economic conditions and a notably better domestic political and economic policy content, resulting in substantially improved private sector confidence levels (and thus) fixed investment performance.

   
Size: 1538KB
   
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