Dismal SA growth prediction

The International Monetary Fund
(IMF) is predicting growth of 0.1% for
2016 after growth slowed to 1.3% in
2015, which would mean a second year
of falling per capita incomes.
A muted recovery is expected from
2017, approaching 2-2.5% as shocks
dissipate and more power plants are
completed; with these projections,
unemployment will likely rise over the
medium term, according to the IMF.
Downside risks dominate and
stem mainly from China, heightened
global financial volatility, and
domestic politics and policies that
may reduce confidence.