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The latest on South Africa’s Omicron experience

The recent sharp fall in virus cases in South Africa provides an early encouraging sign that Omicron-driven outbreaks may run their course relatively quickly. In South Africa’s case, the health system has come under much less pressure than it did during the last (Delta) wave, allowing the government to maintain light-touch restrictions. As a result, it looks like the economic hit will be modest and short lived.

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