Government on World Bank forecast
Government welcomes the World Bank’s assessment that shows economic growth in South Africa strengthened to 1.3 % in 2025, supported by a more reliable electricity supply, a strong agricultural harvest, and improved business confidence toward the end of the year.
The World Bank’s outlook further projects that growth will increase to 1.4% in 2026 and 1.5% in 2027. This reflects the positive impact of continued reform momentum, particularly in the energy and logistics sectors, alongside rising public investment.
When President Donald Trump issued an executive order suspending all foreign aid to South Africa, in January this year, we immediately set about finding solutions. Among the most pressing was to ensure that our life saving HIV and AIDS programme continued to function.