Regional Economic Outlook, October 2019, Sub-Saharan Africa

Author: International Monetary Fund. African Dept.

Growth in sub-Saharan Africa is expected to pickup, though at a slower pace than previously expected.

Volume/Issue: Volume 2019 Issue 002

Publication date: October 2019

ISBN: 9781513514055

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Topics covered in this book

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Exports and Imports , Finance , Public Finance , REO , country , firm , fiscal policy , Sub-Saharan Africa , arrears accumulation , arrears financing , competition indicator , debt vulnerability , climate shock , Competition , Arrears , Emerging and frontier financial markets , Africa , Global , Southern Africa

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Summary

Growth in sub-Saharan Africa is expected to pick up, though at a slower pace than previously expected. This revision reflects a more challenging external environment, continued output disruptions in oil-exporting countries, and a weaker-than-anticipated growth in South Africa. The challenge for the region is to boost growth to create jobs for the growing labor force, while protecting against debt vulnerabilities and risks from a difficult global environment.