TOPIC: Tools » Institutions » Global » IMF » Policies » Economy
Category
papers
Date
2013-05-01
Actor
IMF
Source
IMF
Uploaded date
2013-09-13

Regional Economic Outlook: Sub-Saharan Africa

"With 5 percent growth in 2012, economic activity in sub-Saharan Africa remained strong, slowing only marginally from the 2010–11 rate. Growth was particularly strong among oil exporters and low-income countries. Middle-income countries with closer ties to the euro area saw a significant deceleration, while the smaller fragile states still lagged behind the regional average. Civil unrest remained a drag on growth in a few countries. Inflation declined in most of the region, reflecting more stable global commodity prices, improved local climate conditions, and tight monetary policy." (Quoted from paper)

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