{
  "title": "Regional Economic Outlook, October 2014: Staying the Course",
  "publication": "Sub-Saharan Africa, October 20, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/reo/ssa/issues/2015/10/20/regional-economic-outlook-october-2014-staying-the-course-41855",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Key findings and outlook",
      "content": "- Growth in much of Sub-Saharan Africa is expected to remain strong.\n- Primary drivers of growth:\n  - Efforts to invest in infrastructure.\n  - Strong agricultural production.\n- Regional risks and shocks:\n  - The current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries.\n  - External threats to the region's overall positive outlook include global financial conditions and a slowdown in emerging market growth."
    },
    {
      "heading": "Analytical themes and policy-relevant subjects",
      "content": "- Environment\n- Exchange rates\n- Expenditure\n- Foreign exchange\n- Infrastructure\n- National accounts\n- Natural resources\n- Private investment\n- Public debt\n- Public investment and public-private partnerships (PPP)\n- Public investment spending"
    },
    {
      "heading": "Keywords and topical coverage",
      "content": "- access economy\n- Africa\n- country\n- country assistance framework\n- country group\n- country policy\n- depreciation rate\n- Exchange rates\n- fiscal policy\n- fragile country\n- Global\n- Infrastructure\n- infrastructure investment\n- Natural resources\n- oil-exporting country\n- Private investment\n- Public investment and public-private partnerships (PPP)\n- Public investment spending\n- REO\n- Southern Africa\n- Sub-Saharan Africa\n\n---\n\n Content in this bundle\n\n- Regional Economic Outlook: Sub-Saharan Africa -Staying the Course, October 2014\n  - Regional Economic Outlook: Sub-Saharan Africa -Staying the Course, October 2014 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Regional Economic Outlook: Sub-Saharan Africa -Staying the Course, October 2014 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- https://www.imf.org/en/publications/reo/ssa\n- South Africa and the IMF\n- Link to Table of Contents\n- Explore\n- Subscribe\n- More Formats on IMF eLibrary\n- Order a Print Copy\n- Environment\n- Exchange rates\n- Expenditure\n- Foreign exchange\n- Infrastructure\n- National accounts\n- Natural resources\n- Private investment\n- Public debt\n- Public investment and public-private partnerships (PPP)\n- Public investment spending\n- Development Committee: The Managing Director's Written Statement\nOctober 20, 2025\n- The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition\nOctober 16, 2025\n- Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF\nOctober 16, 2025\n- Setting Up Fiscal Rules in Lesotho: Kingdom of Lesotho\nOctober 14, 2025\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/reo/ssa/issues/2015/10/20/regional-economic-outlook-october-2014-staying-the-course-41855"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/reo/ssa/issues/2015/10/20/regional-economic-outlook-october-2014-staying-the-course-41855/index.md)",
    "[Structured JSON version](/en/publications/reo/ssa/issues/2015/10/20/regional-economic-outlook-october-2014-staying-the-course-41855/index.json)",
    "[Bundle manifest](/en/publications/reo/ssa/issues/2015/10/20/regional-economic-outlook-october-2014-staying-the-course-41855/bundle-manifest.json)",
    "Published: October 20, 2014",
    "Series: Sub-Saharan Africa",
    "DOI: https://doi.org/10.5089/9781498386456.086",
    "Growth in much of Sub-Saharan Africa is expected to remain strong.",
    "Primary drivers of growth:",
    "Regional risks and shocks:",
    "Environment",
    "Exchange rates",
    "Expenditure",
    "Foreign exchange",
    "Infrastructure",
    "National accounts",
    "Natural resources",
    "Private investment",
    "Public debt",
    "Public investment and public-private partnerships (PPP)",
    "Public investment spending",
    "access economy",
    "Africa",
    "country",
    "country assistance framework",
    "country group",
    "country policy",
    "depreciation rate",
    "Exchange rates",
    "fiscal policy",
    "fragile country",
    "Global",
    "Infrastructure",
    "infrastructure investment",
    "Natural resources",
    "oil-exporting country",
    "Private investment",
    "Public investment and public-private partnerships (PPP)",
    "Public investment spending",
    "REO",
    "Southern Africa",
    "Sub-Saharan Africa",
    "**Regional Economic Outlook: Sub-Saharan Africa -Staying the Course, October 2014**",
    "[https://www.imf.org/en/publications/reo/ssa](https://www.imf.org/en/publications/reo/ssa)",
    "[South Africa and the IMF](http://www.imf.org/external/country/ZAF/index.htm)",
    "[Link to Table of Contents](http://www.imf.org/external/pubs/ft/reo/2014/afr/eng/sreo1014.htm)",
    "[Explore](https://www.elibrary.imf.org/)",
    "[Subscribe](https://www.imf.org/en/Publications/Newsletter/registration)",
    "[More Formats on IMF eLibrary](https://elibrary.imf.org/display/book/9781498386456/9781498386456.xml?cid=lk-com-dsp-imf.org)",
    "[Order a Print Copy](https://www.bookstore.imf.org/cart?isbn=9781498386456)",
    "[Environment](https://www.imf.org/en/publications/publications-by-subject?subject=Environment)",
    "[Exchange rates](https://www.imf.org/en/publications/publications-by-subject?subject=Exchange+rates)",
    "[Expenditure](https://www.imf.org/en/publications/publications-by-subject?subject=Expenditure)",
    "[Foreign exchange](https://www.imf.org/en/publications/publications-by-subject?subject=Foreign+exchange)",
    "[Infrastructure](https://www.imf.org/en/publications/publications-by-subject?subject=Infrastructure)",
    "[National accounts](https://www.imf.org/en/publications/publications-by-subject?subject=National+accounts)",
    "[Natural resources](https://www.imf.org/en/publications/publications-by-subject?subject=Natural+resources)",
    "[Private investment](https://www.imf.org/en/publications/publications-by-subject?subject=Private+investment)",
    "[Public debt](https://www.imf.org/en/publications/publications-by-subject?subject=Public+debt)",
    "[Public investment and public-private partnerships (PPP)](https://www.imf.org/en/publications/publications-by-subject?subject=Public+investment+and+public-private+partnerships+%28PPP%29)",
    "[Public investment spending](https://www.imf.org/en/publications/publications-by-subject?subject=Public+investment+spending)",
    "[Development Committee: The Managing Director's Written Statement",
    "[The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition",
    "[Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF",
    "[Setting Up Fiscal Rules in Lesotho: Kingdom of Lesotho"
  ],
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