Regional Economic Outlook, Sub-Saharan Africa, October 2023 : Light on the Horizon?
Still emerging from the COVID-19 pandemic, countries in sub-Saharan Africa have been hit by a sluggish global economy, worldwide inflation, high borrowing costs, and a cost-of-living crisis. In many cases, inflation is still too high, borrowing costs are still elevated, exchange-rate pressures persist, and political instability is an ongoing concern. To ensure that the coming rebound is more than just a transitory glimpse of sunshine, it is important for authorities to guard against a premature relaxation of stabilization policies, while also focusing on reforms to both claw back lost ground from the four-year crisis and also to create new space to address the region's pressing development needs
Year of publication: |
2023
|
---|---|
Institutions: | International Monetary Fund / African Dept |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Subsahara-Afrika | Sub-Saharan Africa | Wirtschaftslage | Macroeconomic performance | Zentralafrika | Central Africa | Wirtschaftsprognose | Economic forecast |
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