Chinanews.com, Johannesburg, October 12 (Reporter Wang Xi) On the evening of October 12, local time in South Africa, the International Monetary Fund (IMF) released its market growth expectations for major global economies.

As one of the most important economies on the African continent, South Africa’s economic growth in 2021 is expected to rise to 5% from the previous 4%.

　　For South Africa, which aims to accelerate the pace of economic recovery, this news can be called a "significant positive."

In this regard, the International Monetary Fund pointed out that although the new crown pneumonia epidemic is still raging around the world, the process of global economic recovery will not be affected by this.

In particular, South Africa, which has just passed the third wave of the new crown pneumonia epidemic, has announced a few days ago that it will lower the level of the “blockade order” against the epidemic to the lowest level. It is currently in the process of accelerating economic recovery.

　　The Central Bank of South Africa also confirmed here: Recently, thanks to the active commodity market transactions, South Africa's economic recovery has continued. Therefore, the Central Bank of South Africa also raised the country's 2021 economic growth forecast from 4.2% to 5.3%.

However, the South African Central Bank also warned that South Africa cannot rely solely on commodities to achieve economic recovery, especially in the case of a correction in commodity prices, the recovery process may be unsustainable.

　　A few days ago, as the number of people vaccinated against the new crown pneumonia continued to rise, the situation of the new crown pneumonia epidemic in South Africa has improved, and the number of confirmed and dead cases of new crown pneumonia in South Africa has also fallen sharply.

Under this circumstance, the South African government has relaxed various anti-epidemic bans against the epidemic and continues to accelerate the process of economic recovery.

　　However, South African health experts have recently predicted that if the goal of vaccinating 70% of the adult population before the end of the year is not achieved, South Africa may usher in a new wave of epidemic peaks after the arrival of November this year, and South Africa’s economy is likely to suffer another severe blow by then. .

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