South Africa: Technical Assistance Report-Stress Testing the Central Bank Balance Sheet and Calibrating Risk-based Capital Buffers
Technical Assistance Report No. 2025/051
Technical Assistance Report No. 2025/051
Technical Assistance Report No. 2025/049
The economic effects of these developments are expected to be sizeable. Our World Economic Outlook ‘reference scenario’ projects that tariffs will reduce both global and emerging market (EM) output growth by roughly 0.5 percentage points relative to our forecast prior to the April tariffs.
The Executive Board of the International Monetary Fund approved the Cabo Verdean authorities’ request for an extension of the country’s Extended Credit Facility (ECF) Arrangement until September 15, 2025, and for an extension of the Resilience and Sustainability Facility (RSF) Arrangement until September 11, 2025, to allow additional time for completing the sixth ECF and third RSF reviews.