III. Economic Prospects and Outlook for 2004
Author:
International Monetary Fund. African Dept.
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Language:
English
Print Publication Date:
23 Jan 2006
Keywords:
REO; economic growth rate; oil economy; World economic growth; world oil price; investment rate; savings rate; nonfuel import price; world inflation rates; Government debt management; Oil sector; Inflation; Fiscal stance; Sub-Saharan Africa

Abstract

The outlook for 2004 is relatively upbeat. Economic growth rates will rise, inflation rates is expected to fall, investment and savings rates are projected to increase, external current account balances will be largely unchanged, and net international reserves coverage will stabilize. This improvement will be supported by a general reduction in fiscal deficits and a further tightening of monetary policy.

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Cover Regional Economic Outlook April 2004: Sub-Saharan Africa
Regional Economic Outlook April 2004: Sub-Saharan Africa
ISBN:
9781451951707
ISSN:
2071-4165
Publication Date:
23 Jan 2006
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451951707.086
Pages:
61