Regional Economic Outlook, October 2019, Sub-Saharan Africa

Regional Economic Outlook, October 2019, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 84
Release: 2019-10-18
Genre: Business & Economics
ISBN: 1513515284

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Regional Economic Outlook, October 2019, Sub-Saharan Africa

Regional Economic Outlook, April 2019, Sub-Saharan Africa

Regional Economic Outlook, April 2019, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 69
Release: 2019-04-12
Genre: Business & Economics
ISBN: 1484396863

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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

Regional Economic Outlook, April 2019, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 85
Release: 2019-04-12
Genre: Business & Economics
ISBN: 1498304184

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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: Sub-Saharan Africa

Regional Economic Outlook: Sub-Saharan Africa
Author: International Monetary
Publisher: International Monetary Fund
Total Pages: 25
Release: 2022-10-14
Genre: Business & Economics
ISBN:

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Sub-Saharan Africa’s recovery has been abruptly interrupted. Last year, activity finally bounced back, lifting GDP growth in 2021 to 4.7 percent. But growth in 2022 is expected to slow sharply by more than 1 percentage point to 3.6 percent, as a worldwide slowdown, tighter global financial conditions, and a dramatic pickup in global inflation spill into a region already wearied by an ongoing series of shocks. Rising food and energy prices are impacting the region’s most vulnerable, and public debt and inflation are at levels not seen in decades. Against this backdrop, and with limited options, many countries find themselves pushed closer to the edge. The near-term outlook is extremely uncertain as the region’s prospects are tied to developments in the global economy and with a number of countries facing difficult sociopolitical and security situations at home. Within this challenging environment, policymakers must confront immediate socioeconomic crises as they arise, while also endeavoring to reduce vulnerabilities to future shocks, building resilience. Ultimately, however, the region’s safety and prosperity will require high-quality growth and the implementation of policies that will set the stage for a sustainable recovery, helping countries move away from the edge.

Regional Economic Outlook, October 2014

Regional Economic Outlook, October 2014
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 110
Release: 2014-10-20
Genre: Business & Economics
ISBN: 1498386458

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Growth in much of Sub-Saharan Africa is expected to remain strong, driven by efforts to invest in infrastructure and strong agricultural production. The current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries. External threats to the region's overall positive outlook include global financial conditions and a slowdown in emerging market growth.

Regional Economic Outlook, October 2018, Sub-Saharan Africa

Regional Economic Outlook, October 2018, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 69
Release: 2018-10-11
Genre: Business & Economics
ISBN: 1484375394

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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 2012, Sub-Saharan Africa

Regional Economic Outlook, April 2012, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 137
Release: 2012-05-17
Genre: Business & Economics
ISBN: 1616352493

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Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region's low-income countries. But there is variation in performance across the region, with output in middle-income countries tracking more closely the global slowdown and with some sub-regions adversely affected, at least temporarily, by drought. Threats to the outlook include the risk of intensified financial stresses in the euro area spilling over into a further slowing of the global economy and the possibility of an oil price surge triggered by rising geopolitical tensions.

Regional Economic Outlook, April 2021, Sub-Saharan Africa

Regional Economic Outlook, April 2021, Sub-Saharan Africa
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 34
Release: 2021-04-15
Genre: Business & Economics
ISBN: 1513575732

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Regional Economic Outlook, April 2021, Sub-Saharan Africa

Regional Economic Outlook, October 2021, Sub-Saharan Africa

Regional Economic Outlook, October 2021, Sub-Saharan Africa
Author: INTERNATIONAL MONETARY FUND.
Publisher: International Monetary Fund
Total Pages: 40
Release: 2021-10-21
Genre: Business & Economics
ISBN: 1513591932

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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

Regional Economic Outlook, October 2018, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 69
Release: 2018-10-11
Genre: Business & Economics
ISBN: 1484378814

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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.