SARB Governor: There's No Recession In Our Baseline

The video discusses the economic outlook for South Africa, indicating that a recession is not expected, with growth projected at 1% next year and 1.1% the following year. It contrasts this with discussions in advanced economies about potential recessions, which currently seem unlikely.

What is the projected growth rate for the South African economy next year?

• 2%

• 1.5%

• 1%

• 0.5%

What is the projected growth rate for South Africa in the year after next?

• 1.3%

• 1.1%

• 0.9%

• 1.5%

According to the speaker, is a recession expected in South Africa's baseline forecast?

• Yes, it is expected.

• It has already started.

• It is uncertain.

• No, it is not expected.

What did advanced economies discuss regarding their economic future?

• A potential boom

• A possible recession

• Stable growth

• Deflation

What is the speaker's conclusion about the likelihood of a recession in advanced economies?

• It seems unlikely to happen soon.

• It will happen next year.

• It is definitely coming.

• It has already occurred.