WASHINGTON, April 14 (Reuters) - South Africa will no longer fall into recession this 12 months despite a gloomy overseas monetary Fund forecast and a contraction within the final three months of 2022, Finance Minister Enoch Godongwana advised Reuters in an interview on Friday.
An escalation in rolling vigor cuts closely impacted undertaking in most sectors on the conclusion of ultimate year, and the IMF is predicting most effective moderate boom of 0.1% for 2023 in South Africa.
(Reporting by way of Joe Bavier and Jorgelina do Rosario; modifying with the aid of Paul Simao)
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