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Address - University of Limpopo

· Lesetja Kganyago, Governor of the South African Reserve Bank (South Africa)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, public finances and debt, development and emerging economies, growth, investment and productivity

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· Lesetja Kganyago Wiki · South African Reserve Bank WikiAddress - University of Limpopo

ContextAddress by Lesetja Kganyago, Governor of the South African Reserve Bank, at the University of Limpopo, Polokwane, 5 September 2023.

Why it mattersKganyago explains to students why lower inflation protects household budgets.

Problems raised
  1. High cost of living hurts South African households.
  2. Rising rates and slow job recovery weaken confidence.
  3. Slower growth weakens public finances.
Solutions proposed
  1. Bring inflation down to protect purchasing power.
  2. Pursue structural reforms, including electricity.
  3. Maintain fiscal discipline.
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