Mid Term State of the Durban Economy 2021

URL: https://edge.durban/dataset/85d011b3-386f-4936-ad49-61286ed024ef/resource/22f7dfc3-d3bf-416b-8a78-a995a92c7de2/download/mid-term-state-of-the-durban-economy-2021.pdf

Both the IMF and World Bank have revised South Africa’s growth rates down and Durban at a forecast of 2,7% has not been spared from downward revisions. While positive growth is welcomed, 8,5% of GDP growth is required to return the City to prepandemic levels. Key sectors of the economy which are forecasted to grow fastest include manufacturing, trade and professional business services. Sectors forecasted to struggle include electricity and construction. These are two critical and enabling sectors, and the attached presentation provides an overview of the City's approach to addressing the forecasted economic stagnation. The focus is specifically investment, construction and infrastructure development.

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Metadata and Additional Info

Field Value
Data last updated March 5, 2021
Metadata last updated March 5, 2021
Created March 5, 2021
Format application/pdf
License Creative Commons Attribution
createdover 3 years ago
formatPDF
id22f7dfc3-d3bf-416b-8a78-a995a92c7de2
last modifiedover 3 years ago
mimetypeapplication/pdf
on same domainTrue
package id85d011b3-386f-4936-ad49-61286ed024ef
position2
revision id063c4a0b-c12b-466b-84b2-679c0f0c9f49
size1.1 MiB
stateactive
url typeupload