The global economy is entering a phase of new challenges “even as the recent ones have yet to be overcome,” according to South Africa’s central bank chief.
“There is little fiscal or monetary policy space available to deal with the risks that could emerge to financial stability, renewed inflation pressures or even the growing challenge of climate change,” Lesetja Kganyago said in an address at the South African Reserve Bank’s annual general meeting Tuesday.
Source link : https://www.bloomberg.com/news/articles/2024-07-30/south-africa-s-kganyago-warns-of-era-of-new-economic-challenges
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Publish date : 2024-07-30 15:48:54
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