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The IMF warns of economic challenges in South Africa due to fiscal deficits and public debts. Forecast predicts GDP growth to rise from 0.8% in 2024 to 1.5% in 2025, reaching 1.8% by 2030. Improved electricity generation, monetary policy easing, and restored investor confidence post-elections contribute to growth. Ongoing reforms in electricity and logistics are expected to support long-term growth.
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