Regional Economic Outlook, October 2018, Sub-Saharan Africa
Author | : International Monetary Fund. African Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 69 |
Release | : 2018-10-11 |
ISBN-10 | : 9781484378816 |
ISBN-13 | : 1484378814 |
Rating | : 4/5 (16 Downloads) |
Download or read book Regional Economic Outlook, October 2018, Sub-Saharan Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-10-11 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. Inflation is abating; and fiscal imbalances are being contained in many countries. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to create the number of jobs needed to absorb anticipated new entrants into labor markets.