Regional Economic Outlook, May 2013, Sub-Saharan Africa: Building Momentum in a Multi-Speed World
International Monetary Fund. African Dept.
May 2013 · International Monetary Fund
Ebook
115
Pages
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About this ebook
Growth remained strong in the region in 2012, with regional GDP rates increasing in most countries (excluding Nigeria and South Africa). Projections point to a moderate, broad-based acceleration in growth to around 51⁄2 percent in 2013¬14, reflecting a gradually strengthening global economy and robust domestic demand. Investment in export-oriented sectors remains an important economic driver, and an agriculture rebound in drought-affected areas will also help growth. Uncertainties in the global economy are the main risk to the region’s outlook, but plausible adverse shocks would likely not have a large effect on the region’s overall performance.
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