- International Monetary Fund. African Dept.
- Published Date:
- May 2016
World Economic and Financial Surveys
Regional Economic Outlook
Sub-Saharan Africa Time for a Policy Reset
©2016 International Monetary Fund
Regional economic outlook. Sub-Saharan Africa. — Washington, D.C.: International Monetary Fund, 2003–
v. ; cm. — (World economic and financial surveys, 0258-7440)
Began in 2003.
Some issues have thematic titles.
1. Economic forecasting — Africa, Sub-Saharan — Periodicals. 2. Africa, Sub-Saharan — Economic conditions — 1960 — Periodicals. 3. Economic development — Africa, Sub-Saharan — Periodicals. I. Title: Sub-Saharan Africa. II. International Monetary Fund. III. Series: World economic and financial surveys.
ISBN: 978-1-49838-813-9 (paper)
ISBN: 978-1-47551-987-7 (Web PDF)
The Regional Economic Outlook: Sub-Saharan Africa is published twice a year, in the spring and fall, to review developments in sub-Saharan Africa. Both projections and policy considerations are those of the IMF staff and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Publication orders may be placed online, by fax, or through the mail:
International Monetary Fund, Publication Services
P.O. Box 92780, Washington, DC 20090 (U.S.A.)
Tel.: (202) 623-7430 Telefax: (202) 623-7201
automated teller machinesBCEAO
Central Bank of West African StatesBDEAC
La Banque de développement des États de l’Afrique centraleBLNS
Botswana, Lesotho, Namibia, and SwazilandCEMAC
Economic and Monetary Community of Central AfricaCFA
currency zone of CEMAC and WAEMUCPIA
Country Policy and Institutional AssessmentCTOT
commodity terms-of-trade indexEMBIG
Emerging Markets Bond Index Global (JP Morgan)FD
foreign direct investmentFEWS NET
Famine Early Warning Systems NetworkGDP
gross domestic productGMM
generalized method of momentsHIPC
heavily indebted poor countriesIPC
Integrated Food Security Phase ClassificaionLFP
labor force participationLICs
required fiscal improvementREO
Regional Economic Outlook (IMF)SACU
Southern African Customs UnionSSA
total factor productivityUSAID
United States Agency for International DevelopmentVAR
Chicago Board Options Exchange Volatility IndexWAEMU
West African Economic and Monetary UnionWEO
World Economic Outlook (IMF)
This April 2016 issue of the Regional Economic Outlook: Sub-Saharan Africa (REO) was prepared by a team led by Céline Allard under the direction of Abebe Aemro Selassie.
The team included Francisco Arizala, Wenjie Chen, Larry Qiang Cui, Jesus Gonzalez-Garcia, Cleary Haines, Dalia Hakura, Mumtaz Hussain, Ahmat Jidoud, Montfort Mlachila, Bhaswar Mukhopadhyay, Monique Newiak, Marco Pani, Bozena Radzewicz-Bak, Misa Takebe, Tim Willems, Yanmin Ye, Mustafa Yenice, and Jiayi Zhang.
Specific contributions were made by Aidar Abdychev, Corinne Delechat, Geremia Palomba, and Fan Yang.
Natasha Minges was responsible for document production, with production assistance from Charlotte Vazquez. The editing and production were overseen by Joanne Creary Johnson of the Communications Department.
The following conventions are used in this publication:
In tables, a blank cell indicates “not applicable,” ellipsis points (…) indicate “not available,” and 0 or 0.0 indicates “zero” or “negligible.” Minor discrepancies between sums of constituent figures and totals are due to rounding.
An en dash (–) between years or months (for example, 2009–10 or January–June) indicates the years or months covered, including the beginning and ending years or months; a slash or virgule (/) between years or months (for example, 2005/06) indicates a fiscal or financial year, as does the abbreviation FY (for example, FY2006).
“Billion” means a thousand million; “trillion” means a thousand billion.
“Basis points” refer to hundredths of 1 percentage point (for example, 25 basis points are equivalent to ¼ of 1 percentage point).