Country Partnership Framework for the Republic of South Africa for the Period FY22-FY26

South Africa was hard-hit by the Coronavirus Disease 2019 (COVID-19) pandemic. The social impact of the crisis has also been high. Since 2019, the Government of South Africa (GoSA) has embarked on a new socio-economic transformation program. This crisis has forced the Government to make difficult po...

Full description

Bibliographic Details
Main Authors: World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency
Format: Strategy Document
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/139701627178427304/South-Africa-Country-Partnership-Framework-for-the-Period-FY22-FY26
http://hdl.handle.net/10986/36027
Description
Summary:South Africa was hard-hit by the Coronavirus Disease 2019 (COVID-19) pandemic. The social impact of the crisis has also been high. Since 2019, the Government of South Africa (GoSA) has embarked on a new socio-economic transformation program. This crisis has forced the Government to make difficult policy choices to restore macroeconomic stability, deal with the health and socioeconomic crisis, accelerate growth and make it more inclusive. In line with the Government priorities and those presented in the SCD, the central tenet of this Country Partnership Framework (CPF) is to help South Africa continue to tackle its Apartheid legacy of socio-economic exclusion, currently complicated by the COVID-19 pandemic. The CPF’s overarching goal is to support SA in stimulating investment and job creation to achieve economic and social convergence for an inclusive and resilient society.