Author : OECD
Publisher : OECD Publishing
Page : 151 pages
File Size : 41,61 MB
Release : 2022-08-25
Category :
ISBN : 926440502X
Book Description
The COVID-19 crisis has weakened an already fragile economy. South Africa’s growth underperformed during the past decade: GDP per capita was already lower in 2019 than in 2008. Unemployment remains high, at around 35%, and youth unemployment even exceeds 50%. In the meantime, spending pressures are mounting to close the financing gap in health, infrastructure and higher education.