{"id":75588,"date":"2025-10-15T06:13:10","date_gmt":"2025-10-15T06:13:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/75588\/"},"modified":"2025-10-15T06:13:10","modified_gmt":"2025-10-15T06:13:10","slug":"south-africas-reforms-show-progress-but-fall-short-of-growth-target-moodys-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/75588\/","title":{"rendered":"South Africa\u2019s reforms show progress but fall short of growth target, Moody\u2019s says"},"content":{"rendered":"<p>\n        South Africa\u2019s gradual structural reforms are helping to revive parts of the economy, but remain insufficient to lift growth to the government\u2019s 3.5% target, according to Moody\u2019s Ratings.\n    <\/p>\n<p>\n        Africa\u2019s most industrialised nation has struggled with economic stagnation for more than a decade, expanding by less than 1% annually amid decaying infrastructure, power shortages, logistics bottlenecks, crime, and corruption, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-14\/south-africa-to-miss-growth-target-on-slow-reforms-moody-s-says?srnd=homepage-africa\" id=\"a32e197a-2da2-4ffa-99a6-0823e38f5ddc\" rel=\"nofollow noopener\" target=\"_blank\">Bloomberg<\/a> reported.\n    <\/p>\n<p>\n        The coalition government formed after the African National Congress lost its parliamentary majority in last year\u2019s elections has prioritised reforms aimed at driving growth to as much as 3.5% by 2030.\n    <\/p>\n<p>\n        \u201cWe don\u2019t see in our baseline that the current reform progress to date \u2014 and our expectation of how reforms will progress \u2014 will be sufficient to raise economic potential beyond 2%,\u201d Evan Wohlmann, Vice President &#8211; Senior Credit Officer at Moody\u2019s, said in an online briefing on Tuesday.\n    <\/p>\n<p>\n        A study by Investec Wealth &amp; Investment International found that South Africa\u2019s economy is at least 37% smaller than it would have been had it tracked its emerging-market peers and maintained annual growth of 4.5% since 2010.\n    <\/p>\n<p>\n        Moody\u2019s forecasts growth of 1% this year and 1.6% in 2026. The slow recovery is expected to weigh on the government\u2019s fiscal management efforts, Wohlmann said.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"South Africa\u2019s gradual structural reforms are helping to revive parts of the economy, but remain insufficient to lift&hellip;\n","protected":false},"author":2,"featured_media":75589,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-75588","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/75588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=75588"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/75588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/75589"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=75588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=75588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=75588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}