South Africa faces significant climate change challenges given its high dependency on coal energy and physical concentration of nature-related risks. The Intergovernmental Panel on Climate change projects that extreme temperatures to be on the upward trajectory. The increased frequency and...

This technical assistance (TA) mission on Government Finance Statistics (GFS) mission was conducted during July 31-August 11, 2023. The main purpose of the mission was to provide structured training on GFS to the South African Reserve Bank, National Treasury and State Statistical Offices, as...

This technical assistant report on South Africa focuses on monetary and financial statistics (duty station-based) mission. The mission developed bridge tables from the source data of money market funds (MMFs), the Land Bank, and Ithala SOC to 2SR. The mission estimated that reclassifying the...

The 2015 Supply Chain Management Review lays out a sound agenda for procurement reform. The ongoing work on a new procurement bill and regulations are an important opportunity to spearhead procurement reform and step-up implementation. Several important reform aspects worth prioritizing are the...

Meeting South Africa's ambitious climate objectives will require a comprehensive strategy that includes a more effective use of carbon pricing policy, reducing inefficient government subsidies that have delayed the green transition, well-targeted support to affected industries and households,...

The literature has analyzed the link between social grants, means-tested and unconditional on employment, and employment in South Africa. The country's social grant expenditure is relatively large amid persistently high unemployment. This study uses a large panel household survey spanning a...

This Selected Issues paper explores the link between social grants and employment in South Africa. Social grants have played an important role in alleviating poverty and inequality in South Africa. The literature has analyzed the link between social grants, means-tested and unconditional on...

This 2023 Article IV Consultation highlights that South Africa's economy is facing mounting economic and social challenges. Growth moderated from 4.9 percent in 2021 to 2.0 percent in 2022 as the country was buffeted by Russia's war in Ukraine, global monetary policy tightening, severe floods,...