Regional Economic Outlook, May 2013, Sub-Saharan Africa : Building Momentum in a Multi-Speed World

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Regional Economic Outlook, May 2013, Sub-Saharan Africa : Building Momentum in a Multi-Speed World
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Series:
Regional Economic Outlook
Author(s):
International Monetary Fund. African Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
May 2013
DOI:
http://dx.doi.org/10.5089/9781484365151.086
ISBN:
9781484365151
ISSN:
2071-4165
Page:
115
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 5½ 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.
Chapter

4. Reforming Energy Subsidies

Author(s):
International Monetary Fund. African Dept.
Published Date:
May 2013
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