Regional Economic Outlook, October 2017, Sub-Saharan Africa

Author: International Monetary Fund. African Dept.

Growth in the SSA region has recovered relative to 2016, but the momentum is weak and per capita incomes are expected to barely increase.

Volume/Issue: Volume 2017 Issue 008

Publication date: November 2017

ISBN: 9781484312513

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Topics covered in this book

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Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Public Finance , Industries - Manufacturing , REO , Sub-Saharan Africa , commodity , revenue , economy , export diversification , frontier economy , exchange rate , export product diversification index , IMF staff calculation , Fiscal consolidation , Export diversification , Fiscal stance , Exports , Africa , Global , West Africa , Southern Africa , commodity revenue , Theil index , Caribbean , Southeast Asia

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Summary

Growth in sub-Saharan Africa has recovered relative to 2016, but the momentum is weak and per capita incomes are expected to barely increase. Further, vulnerabilities have risen in many countries, adding to the urgency of implementing the fiscal consolidations planned in most countries and with stepped up efforts to strengthen growth.