Jonathan Swanepoel

Great exchange with South Africa's Finance Minister Godongwana & Governor @KganyagoLesetja on the economic outlook & risks for the country & region. Prudent macroeconomic policies & structural reforms have strengthened South Africa's resilience to current & future shocks.

@EmmaSadleir Amazing Emma! Bravo.

An extraordinary victory. Happy Mandela Day South Africa!

I'm often asked how the IMF finances itself. We are like a credit union for countries. Our 191 members pool resources via quotas, creating nearly $1T in lending capacity, under a unique funding model that does not require budget appropriations. imf.org/en/Blogs/Artic…

Engaged with South Africa 🇿🇦 Finance Minister Godongwana and @SAReserveBank Governor Kganyago on South Africa’s reform agenda and G20 Presidency priorities.

We’re looking forward to welcoming our 191 members to Washington D.C. for the #IMFMeetings. Economic uncertainty is high - but so is our determination to support every member, every step of the way.

Joint Japan/World Bank Graduate Scholarship Program Deadline: May 23 worldbank.org/en/programs/sc…

Arrived in beautiful Cape Town for the G20 Finance Ministers and Central Bank Governors Meeting. Looking forward to discussions on the global economy and how we can spur growth. #G20SouthAfrica

Finance Minister Enoch Godongwana and Governor @KganyagoLesetja met with International Monetary Fund Managing Director @KGeorgieva on the sidelines of the G20 Finance Track meetings underway in Cape Town. #G20SouthAfrica #Rekaofela

Over the past decade, growth in sub-Saharan Africa's resource-intensive countries has sharply slowed, falling below that of non-resource-intensive nations. Check out IMF Country Focus to learn what's behind this divergence and how to reignite growth. imf.org/en/News/Articl…

@RediTlhabi Here it is: imf.org/en/Publication…

And so sorry, I'm a technophobe. I don't know how to turn PDF documents into links. I'm sure they will post the report soon! Askies. But that's the summary.

The IMF has just released country report of RSA after 2024 Article IV Consultations: GDP growth projected to accelerate to 1.5% in 2025 - driven by private consumption & increased investment due to stable electricity generation. Consumer, business & investor confidence rebounded

@MichaelBishop12 Michael- your tribute to Stu is so fitting, so sublime. Thank you.

CCR XIV is live! journals.co.za/toc/jlc.conrev… It includes my tribute to my mentor, Stu Woolman 😢 Thank you to the wonderful authors and editors who made it happen! And a shout out to the most amazing team - Meghan Finn, Nomfundo Ramalekana, Sanya Samtani and Andrew Konstant.

@MattKruger_SA @RLPublisher Congratulations Matthew! What an achievement.

I am delighted to announce that my book - Pluralism, Property, and Radical Transformation - has gone to press, with @RLPublisher. If you are looking for a fun holiday read, look no further than this dense theoretical work about the ethics and political-economy of property.

NPA Reaches Final Resolution with McKinsey South Africa. McKinsey to Pay R1.1 Billion to South Africa in Restitution for its Former Partner’s Role in State Capture

@TheoMaret Good luck Theo with the new chapter!

Today is my last day at GSA after 5 exciting years – I’m most grateful for all the discussions and friends made along the way. I won’t be posting much going forward but please reach out if you want to talk sovereign debt & emerging markets! 🇱🇰🇿🇲

🌐 Ukraine and @IMFNews have reached a staff-level agreement on the 6th Review of the #EFF, paving the way for $1.1bn. Grateful to the @ua_minfin , @NBUkraine , @IMFinEurope teams for the efficient cooperation. The 🇺🇦Gov continues to work on implementing reforms.

🚨Just published 🚨The first comprehensive @IMFNews paper on the Fund’s key sovereign debt restructuring policies — Guidance Note On The Financing Assurances And Sovereign Arrears Policies And The Fund's Role In Debt Restructurings imf.org/en/Publication…

@murtazahsyed Great running into you, Murtaza!

A surreal time to meet in DC, under the shadow of the US election & the BRICS summit occurring in another corner of the world. But it was fun to discuss the Chinese stimulus. Less so the debt problems hanging over development prospects of the Global South (including Pakistan)…

Today, the IMF Executive Board completed the 5th review of Ukraine's program, unlocking approximately US$1.1 billion in immediate financial assistance to bolster 🇺🇦 Ukraine's economic resilience. Read more here: imf.org/en/News/Articl…

Proud to announce that our membership has approved a comprehensive package of reforms of the IMF’s Poverty Reduction and Growth Trust (PRGT), enhancing our capacity to provide concessional support to low-income countries. imf.org/en/News/Articl…

Countries should use foreign exchange intervention, when appropriate, as part of an integrated policy approach that incorporates other policy levers to mitigate potential risks. imf.org/en/Blogs/Artic…