Latest search keywords:motor with controller
Location: Home » News » Steel News » IMF forecasts that South Africa will become the backbone of the emerging economies

IMF forecasts that South Africa will become the backbone of the emerging economies

Release Date:2012-05-05  Hits:407
Protect the visual color :   [Font size Big Small] [Collection] [Close]


Atkinson, South Africa to join the "BRIC" group to the South African economy a shot in the arm. The end of 2010, the Group holds the rotating presidency of the "BRIC" China formally invited to join the "BRIC" group in South Africa, and South African President Jacob Zuma to attend the summit of "BRIC countries" held in Beijing next year summit. South Africa officially became members of the "BRIC" group that South Africa's international standing has been further enhanced, formally entered the global regional country ranks world pie network information . To join the "BRIC" group will promote South Africa's economy is more robust growth World steel pipe network editing , and will further strengthen political and trade between South Africa and the world's major emerging economies, the body contact.





today Guangdong local businesses offer summary

International Monetary Fund (IMF) for the person in charge of External Relations Department, Caroline Atkinson on the 26th in Johannesburg, South Africa, delivered a speech said that South Africa will become the backbone of the emerging economies .


2008 years ago, the good momentum of economic development in South Africa. Although the global financial crisis, the South African economy in the marked slowdown in the pace of growth in 2008-2010, but the South African domestic market demand is still strong. In particular, strong growth in the pull of the 2010 World Cup, South Africa, tourism and retail.


IMF monetary and capital markets head of José Wiener Wales pointed out that South Africa's financial system performance in just the past financial crisis has brought stability to the world economic recovery positive impact. The IMF forecast, 2011-2012, the region's economic growth in Sub-Saharan Africa is expected to reach 5.5 to 5.75%, there may be more than the developing countries of Asia, becoming the world's fastest-growing emerging markets.


Atkinson said in his speech that South Africa is an important member of the IMF and the G20, the IMF is very optimistic about the economic prospects of South Africa, South Africa will become an important emerging market economies, play an important role in world economic development.


steel futures weekly / monthly analysis report


Recommended Reading:

Disclaimer: The above "IMF forecasts that South Africa will become the backbone of the emerging economies" header information shown by the enterprises themselves, the authenticity of the content, accuracy and legitimacy of responsibility by the publisher. China Steel Harbor does not undertake any guarantee responsibility.
[ News Search ]  [ ]  [ Share to a friend ]  [ Print this Page ]  [ Close this Page ]  [ Go to TOP ]
Recommended Text
Click Ranking
 Copyright World Steel Tube SYSTEM All Rights Reserved