With a weak economic outlook characterised by a real gross domestic product (GDP) that is expected to grow at 0.9% in 2020, 1.3% in 2021 and 1.6% in 2022, South Africa is in dire need of far-reaching structural reforms to achieve faster economic growth. In contrast, global economic growth is expected to strengthen to 3.3% and global inflation remains contained, while South Africa’s inflation will average at 4.5% in 2020.