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South Africa - Country Strategy Paper 2018-2022

01-Aug-2018

This report proposes the Bank Group’s Country Strategy Paper (CSP) for South Africa for the period 2018-2022. The CSP has been prepared at a time when South Africa adopted its first Medium-Term Strategic Framework (MTSF) 2014-19 to implement its National Development Plan “Vision 2030”. The MTSF attaches top priority to economic transformation, rapid economic growth and job creation, and includes key measures such as crowding in productive investments through infrastructure development, enhancing competitiveness in the productive sectors of the economy, addressing spatial imbalances in economic opportunities, and eliminating unnecessary regulatory burdens, among others. The CSP 2018-22 is prepared based on extensive consultations with the Government of South Africa (GOSA), development partners, the private sector and the civil society. The CSP coincides with the Banks’s renewed effort to step up the implementation of its Ten Year Strategy through a sharper focus on the High-5 priorities.

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