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IMF Boss Lagarde Urges South Africa to Shield Institutions
JOHANNESBURG (Capital Markets in Africa) – South Africa should “never be complacent” about protecting key institutions such as the central bank or National Treasury as it tries to boost economic growth, International Monetary Fund Managing Director Christine Lagarde said. The rise of populism in developed economies has brought with it a wave of attacks on central banks in the U.S., U.K., Europe and South Africa, where Governor Lesetja Kganyago successfully fought off a proposal by the nation’s…
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