About the IEP Programme
The International Economic Partnership (IEP) is a programme which works through the global economic governance system to strengthen the influence of coalitions between South Africa, the UK and other low or middle-income countries, to bring about better pro-poor, inclusive policymaking, and a stronger economic recovery from COVID-19.
Specifically, the programme aims to forge new ways of collaboration between the UK and South African governments in supporting South Africa’s G20 presidency in 2025, while unlocking structural barriers to growth, promoting monetary and fiscal policy coordination and improved government coordination within South Africa.
The programme’s three main focusses are:
The IEP focusses on monetary policy, macroeconomic policy and coordination between monetary and fiscal policies. It also aims to provide thematic support for the G20 and specifically South Africa’s presidency in 2025.
The programme supports the reform of fiscal policies.
The programme focusses on trade and industrial policy interventions.
In addition, the programme pursues three cross-cutting themes: