Regional Economic Outlook, October 2012, Sub-Saharan Africa

Released on by International Monetary Fund. African Dept.
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  • Regional Economic Outlook, October 2012, Sub-Saharan Africa Book Detail

  • Author : International Monetary Fund. African Dept.
  • Release Date : 2012-10-15
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 119
  • ISBN 13 : 1475510799
  • File Size : 53,53 MB
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Regional Economic Outlook, October 2012, Sub-Saharan Africa by International Monetary Fund. African Dept. PDF Summary

Book Description: Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 51⁄4 percent a year in 2012-13. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the US--the so-called fiscal cliff.

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