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South Africa’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of South Africa is expected to shrink, unemployment level to increase and current account balance to improve due to COVID-19 this year. As of 12^th Aug 2020, South Africa had 5,66,109 confirmed COVID-19 cases out of which 4,26,125 people have recovered from the disease while 10,751 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by South Africa government under following sections –

1. Impact of COVID-19 on South Africa Economy in 2020

2. COVID-19 Containment Measures of South Africa

3. COVID-19 Related Fiscal Policy Measures by South Africa

4. COVID-19 Related Monetary Policy Measures by South Africa

5. COVID-19 Related Employment Policy Measures by South Africa

6. COVID-19 Related Social Policy Measures by South Africa

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1. Impact of COVID-19 on South Africa Economy in 2020

South Africa’s real gross domestic product (GDP) was ZAR 3,149.35 billion in 2019 and due to COVID-19 outbreak it is...