Sarb’s Mnyande emphasises importance of monetary policy in recovery

sarb

Monde Mnyande, the chief economist at the South African Reserve Bank, on Tuesday said monetary policy is expected to play a more visible role in reviving the economic activity, amid the fiscal austerity measures.

At a presentation hosted by the Institute for Futures Research at the Protea Hotel, Midrand, Mnyande said: "Infrastructural and capacity constraints, coupled with the persistently high levels of unemployment, continue to limit the growth potential of our economy in this cycle. These are

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