Sub-Saharan Africa

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2017

May 9, 2017

Regional Economic Outlook: Sub-Saharan Africa

Description: Growth momentum in sub-Saharan Africa remains fragile, marking a break from the rapid expansion witnessed since the turn of the millennium. 2016 was a difficult year for many countries, with regional growth dipping to 1.4 percent—the lowest level of growth in more than two decades. Most oil exporters were in recession, and conditions in other resource-intensive countries remained difficult. Other nonresource-intensive countries however, continued to grow robustly. A modest recovery in growth of about 2.6 percent is expected in 2017, but this falls short of past trends and is too low to put sub-Saharan Africa back on a path of rising living standards. While sub-Saharan Africa remains a region with tremendous growth potential, the deterioration in the overall outlook partly reflects insufficient policy adjustment. In that context, and to reap this potential, strong and sound domestic policy measures are needed to restart the growth engine.

2016

October 25, 2016

IMF Regional Economic Outlook: Sub-Saharan Africa, October 2016

Description: These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in the regions, and discuss key challenges faced by policymakers. They address regional policy developments and challenges, and provide country-specific data and analysis, including through analytical pieces on issues of interest to a particular region.

April 20, 2016

IMF Regional Economic Outlook (REO), April 2016: Sub-Saharan Africa Time for a Policy Reset -- Table of Contents

Description: Despite setbacks, an uneven global recovery continues. Largely due to weaker-than-expected global activity in the first half of 2014, the growth forecast for the world economy has been revised downward to 3.3 percent for this year, 0.4 percentage point lower than in the April 2014 World Economic Outlook (WEO). The global growth projection for 2015 was lowered to 3.8 percent. Table of Contents

2015

October 7, 2015

Regional Economic Outlook (REO): Sub-Saharan Africa - Dealing with the Gathering Clouds, October 2015 -- Table of Contents

Description: Sub-Saharan African’s economy is set to register another year of solid growth, although the expansion will be at the lower end of the range registered in recent years, mainly reflecting the severe impact of the sharp decline in oil prices on the region’s oil exporters. In a context of tightening global financial conditions, the large fiscal and current account deficits that prevail in some countries could leave them vulnerable to a potential reduction in external financing. An even global recovery and domestic security-related challenges are also risks to the outlook. Against this backdrop, and beyond the immediate effects of the current shock, further progress toward diversification and structural transformation remain key to sustain high and inclusive growth, generate jobs for the rapidly growing young population and foster integration into global value chains. Table of Contents

April 20, 2015

Regional Economic Outlook (REO): Sub-Saharan Africa - Navigating Headwinds, April 2015 -- Table of Contents

Description: Sub-Saharan African’s economy is set to register another year of solid growth, although the expansion will be at the lower end of the range registered in recent years, mainly reflecting the severe impact of the sharp decline in oil prices on the region’s oil exporters. In a context of tightening global financial conditions, the large fiscal and current account deficits that prevail in some countries could leave them vulnerable to a potential reduction in external financing. An even global recovery and domestic security-related challenges are also risks to the outlook. Against this backdrop, and beyond the immediate effects of the current shock, further progress toward diversification and structural transformation remain key to sustain high and inclusive growth, generate jobs for the rapidly growing young population and foster integration into global value chains. Table of Contents

2014

October 20, 2014

Regional Economic Outlook: Sub-Saharan Africa - Staying the Course, October 2014 -- Table of Contents

Description: IMF Regional Economic Outlook: Staying the Course, October 2014 -- Table of Contents

April 24, 2014

Regional Economic Outlook: Sub-Saharan Africa - Fostering Durable and Inclusive Growth, April 2014 -- Table of Contents

Description: IMF Regional Economic Outlook: Fostering Durable and Inclusive Growth, April 2014 -- Table of Contents

2013

October 31, 2013

Regional Economic Outlook: Sub-Saharan Africa - Keeping the Pace, October 2013 -- Table of Contents

Description: IMF Regional Economic Outlook: Keeping the Pace, October 2013 -- Table of Contents

May 10, 2013

Regional Economic Outlook: Sub-Saharan Africa - Building Momentum in a Multi-Speed World, May 2013 -- Table of Contents

Description: IMF Regional Economic Outlook: Building Momentum in a Multi-Speed World, May 2013 -- Table of Contents

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