Tag: MunicipalFinance
The real risk for municipalities is weaker growth, not lower prices
South Africa has entered a new phase of monetary policy. The repo rate has been cut to 6.75%. Year-on-year inflation sits at 3.6%, and the inflation target has been revised down to 3%, with a one percentage point tolerance band. The downward revision of the inflation target was implemented to align the country with other emerging economies.
