Regional Economic Outlook, October 2019, Sub-Saharan Africa
Title | Regional Economic Outlook, October 2019, Sub-Saharan Africa PDF eBook |
Author | International Monetary Fund. African Dept. |
Publisher | International Monetary Fund |
Pages | 78 |
Release | 2019-10-18 |
Genre | Business & Economics |
ISBN | 1513514059 |
Growth in sub-Saharan Africa is expected to pick up, though at a slower pace than previously expected. This revision reflects a more challenging external environment, continued output disruptions in oil-exporting countries, and a weaker-than-anticipated growth in South Africa. The challenge for the region is to boost growth to create jobs for the growing labor force, while protecting against debt vulnerabilities and risks from a difficult global environment.
Regional Economic Outlook, April 2019, Sub-Saharan Africa
Title | Regional Economic Outlook, April 2019, Sub-Saharan Africa PDF eBook |
Author | International Monetary Fund. African Dept. |
Publisher | International Monetary Fund |
Pages | 69 |
Release | 2019-04-12 |
Genre | Business & Economics |
ISBN | 1484396863 |
The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018. This weaker outlook reflects domestic and external challenges. On the external side, the global expansion is losing momentum, including in China and the euro area, trade tensions remain elevated, global financial conditions have tightened, and commodity prices are expected to remain low. On the domestic front, security challenges, climate shocks, and policy uncertainty are hampering investment and weighing on economic prospects in several countries. Under current policies, medium-term average growth for the region is expected to continue to fall well short of what is needed to absorb the new entrants to the labor force and to deliver limited gains in living standards.
Regional Economic Outlook, April 2019, Sub-Saharan Africa
Title | Regional Economic Outlook, April 2019, Sub-Saharan Africa PDF eBook |
Author | International Monetary Fund. African Dept. |
Publisher | International Monetary Fund |
Pages | |
Release | 2019-04-12 |
Genre | Business & Economics |
ISBN | 1498304206 |
The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018. This weaker outlook reflects domestic and external challenges. On the external side, the global expansion is losing momentum, including in China and the euro area, trade tensions remain elevated, global financial conditions have tightened, and commodity prices are expected to remain low. On the domestic front, security challenges, climate shocks, and policy uncertainty are hampering investment and weighing on economic prospects in several countries. Under current policies, medium-term average growth for the region is expected to continue to fall well short of what is needed to absorb the new entrants to the labor force and to deliver limited gains in living standards.
Regional Economic Outlook, April 2019, Sub-Saharan Africa
Title | Regional Economic Outlook, April 2019, Sub-Saharan Africa PDF eBook |
Author | |
Publisher | |
Pages | |
Release | 2019 |
Genre | |
ISBN | 9781498304139 |
Regional Economic Outlook, October 2021, Sub-Saharan Africa
Title | Regional Economic Outlook, October 2021, Sub-Saharan Africa PDF eBook |
Author | INTERNATIONAL MONETARY FUND. |
Publisher | International Monetary Fund |
Pages | 40 |
Release | 2021-10-21 |
Genre | Business & Economics |
ISBN | 1513591932 |
The world remains in the grip of the COVID-19 pandemic and a seemingly accelerating pace of climate change, both of which underscore the need for increased global cooperation and dialogue. Solutions to these global problems must involve all countries and all regions, especially sub-Saharan Africa, with the world’s least vaccinated population, most promising renewable energy potential, and critical ecosystems. Sub-Saharan Africa’s economy is set to expand by 3.7 percent in 2021 and 3.8 percent in 2022. This follows the sharp contraction in 2020 and is much welcome, but still represents the slowest recovery relative to other regions. In particular, the economic outlook points to divergences at three levels: between sub-Saharan Africa and other regions, within sub-Saharan Africa, and within countries. These divergences reflect the region’s slower vaccines rollout, more limited fiscal space, and regional disparities in resilience. The outlook remains extremely uncertain, and risks are tilted to the downside. In particular, the recovery depends on the path of the global pandemic and the regional vaccination effort, food price inflation, and is also vulnerable to disruptions in global activity and financial markets. Looking ahead, sub-Saharan Africa’s potential remains undiminished. The region is at a critical juncture to implement bold transformative reforms to capitalize on this potential.
Regional Economic Outlook, October 2018, Sub-Saharan Africa
Title | Regional Economic Outlook, October 2018, Sub-Saharan Africa PDF eBook |
Author | International Monetary Fund. African Dept. |
Publisher | International Monetary Fund |
Pages | 69 |
Release | 2018-10-11 |
Genre | Business & Economics |
ISBN | 1484375394 |
The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. Inflation is abating; and fiscal imbalances are being contained in many countries. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to create the number of jobs needed to absorb anticipated new entrants into labor markets.
Regional Economic Outlook, April 2021, Sub-Saharan Africa
Title | Regional Economic Outlook, April 2021, Sub-Saharan Africa PDF eBook |
Author | International Monetary Fund |
Publisher | International Monetary Fund |
Pages | 34 |
Release | 2021-04-15 |
Genre | Business & Economics |
ISBN | 1513575732 |
Regional Economic Outlook, April 2021, Sub-Saharan Africa