The Managing Director of the International Monetary Fund, Christine Lagarde, says the media should play a role in managing public perception which could potentially pose a risk to the country’s economy.
President Cyril Ramaphosa and IMF managing director Christine Lagarde have discussed the current economic challenges around the world.
The IMF has approved financing of about $2.97 billion in the form of a Precautionary and Liquidity Line (PLL) to help Morocco ward off external economic shocks.
IMF said its board had approved a $3.7 billion credit facility for Angola to support economic reforms and would immediately disburse around $990 million.
South Africa’s economic recovery plans face serious constraints with growing debt of state firms domestically and capital outflows as a result of global trade tensions, the International Monetary Fund (IMF) said on Monday.