Regional economic outlook: Sub-Saharan Africa, capital Flows and the future of work

International Monetary Fund

Regional economic outlook: Sub-Saharan Africa, capital Flows and the future of work
Format
Paperback
Publisher
International Monetary Fund (IMF)
Country
United Kingdom
Published
30 November 2018
Pages
67
ISBN
9781484375396

Regional economic outlook: Sub-Saharan Africa, capital Flows and the future of work

International Monetary Fund

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.

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