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Sub-Saharan Africa is facing an unprecedented health and economic crisis that threatens to throw the region off its stride, reversing the encouraging development progress of recent years. Furthermore, by exacting a heavy human toll, upending livelihoods, and damaging business and government...
Persistent link: https://www.econbiz.de/10014408763
October 2020 Regional Economic Outlook: Sub-Saharan Africa, the region has confronted a second coronavirus (COVID-19) wave …
Persistent link: https://www.econbiz.de/10014410768
Ethiopia pursues a public sector-led growth strategy that focuses on promoting growth through high public investment supported partly by low nominal interest rates. While the strategy has contributed to robust economic growth in the past, recent developments indicate a buildup of vulnerabilities...
Persistent link: https://www.econbiz.de/10014395614
The key issue facing Congo is how to use oil and mineral resources effectively in support of inclusive growth. Economic conditions are supportive--macroeconomic stability is in place, the terms of trade are favorable, and the external position is strong. External risks are mitigated by...
Persistent link: https://www.econbiz.de/10014395644
countries reform programs. CEMAC benefited from favorable hydrocarbon prices in 2022. Economic recovery firmed up and the …
Persistent link: https://www.econbiz.de/10015059271
This paper discusses common policies of member countries, and common policies in support of member countries reform programs in Central African Economic and Monetary Community (CEMAC). In order to preserve price stability and strengthen external buffers, maintain a data-dependent monetary policy...
Persistent link: https://www.econbiz.de/10015058786
allocation, and monetary policy tightening. The terms of trade shock this year is expected to be broadly positive for CEMAC. This … in Ukraine, faster-than-anticipated global financial tightening, possible emergence of new coronavirus disease strains …
Persistent link: https://www.econbiz.de/10015060288
Member Countries and Common Policies in Support of Member Countries Reform Programs. The positive terms-of-trade shock amidst …-pandemic recovery. Regional authorities tightened monetary policy and normalized prudential regulation in 2022, while continuing to …. Rebuilding buffers and sustaining a recovery that protects the most vulnerable will require stricter adherence to budget and …
Persistent link: https://www.econbiz.de/10015059839
KEY ISSUES Context. The region continued to experience strong growth in 2014, led by the continued economic expansion in Cote d’Ivoire. The outlook is for further strong growth, subject to a range of downward risks, in particular political instability ahead of upcoming elections in several...
Persistent link: https://www.econbiz.de/10014412008
near-term outlook is one of continued recovery, with growth projected at 3.6 percent in 2024, reflecting still-high oil …
Persistent link: https://www.econbiz.de/10015080279