IMF Concludes Article IV with South Africa

SOUTH AFRICA - On 19 March 2001, the Executive Board of the International Monetary Fund concluded the Article IV consultation with South Africa.

EXTRACT - Directors observed that the inflation targeting framework seems to be working increasingly well, inflationary pressures appear to be abating, and the South African Reserve Bank is on track to meeting its inflation target. To further strengthen the inflation-targeting framework, the authorities were encouraged to communicate clearly the

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