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Regional Economic Outlook, October 2009, Sub-Saharan Africa
			: Weathering the Storm

Regional Economic Outlook, October 2009, Sub-Saharan Africa : Weathering the Storm »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2009

DOI: http://dx.doi.org/10.5089/9781589068575.086

ISBN: 9781589068575

Keywords: debt, fiscal policy, exporting countries, oil exporters, oil-importing countries

Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial marke...

Regional Economic Outlook, October 2007, Sub-Saharan African

Regional Economic Outlook, October 2007, Sub-Saharan African »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 October 2007

DOI: http://dx.doi.org/10.5089/9781589066700.086

ISBN: 9781589066700

Keywords: exchange rate regime, exchange rate, fiscal space, oil exporters, terms of trade

The region's prospects look strong. Growth in sub-Saharan Africa should reach 6 percent in 2007 and 6¾ percent in 2008. The economic expansion is strongest in oil exporters but cuts across all country groups. This...

Regional Economic Outlook, April 2010, Sub-Saharan Africa
			: Back to High Growth?

Regional Economic Outlook, April 2010, Sub-Saharan Africa : Back to High Growth? »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2010

DOI: http://dx.doi.org/10.5089/9781589069183.086

ISBN: 9781589069183

Keywords: fiscal policy, capital inflows, exporting countries, importing countries, oil-importing countries

The economic slowdown in sub-Saharan Africa looks set to be mercifully brief. Recovery is now under way across the region. The region's relative resilience during this global recession, compared with previous globa...

Perspectives économiques régionales, Octobre 2009
			: Afrique subsaharienne Surmonter la tourmente

Perspectives économiques régionales, Octobre 2009 : Afrique subsaharienne Surmonter la tourmente »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2009

Language: French

DOI: http://dx.doi.org/10.5089/9781589069008.086

ISBN: 9781589069008

Keywords: debt, fiscal policy, exporting countries, oil exporters, oil-importing countries, importing countries, exchange rate regime, debt sustainability, exporters, deficits

Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial marke...

Perspectives économiques régionales, Avril 10 
			: Afrique subsaharienne: Retour à une croissance forte

Perspectives économiques régionales, Avril 10 : Afrique subsaharienne: Retour à une croissance forte »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2010

Language: French

DOI: http://dx.doi.org/10.5089/9781589069640.086

ISBN: 9781589069640

Keywords: fiscal policy, capital inflows, exporting countries, importing countries, oil-importing countries, exchange rate regime, oil exporters, private capital flows, private capital, floating exchange rate regime

The economic slowdown in sub-Saharan Africa looks set to be mercifully brief. Recovery is now under way across the region. The region's relative resilience during this global recession, compared with previous globa...

Perspectives économiques régionales
			: Afrique subsaharienne, Oct 07

Perspectives économiques régionales : Afrique subsaharienne, Oct 07 »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

Language: French

DOI: http://dx.doi.org/10.5089/9781589066717.086

ISBN: 9781589066717

Keywords: exchange rate regime, exchange rate, fiscal space, oil exporters, terms of trade, exporters, exporting countries, fixed exchange rate, oil-importing countries, importing countries

The region's prospects look strong. Growth in sub-Saharan Africa should reach 6 percent in 2007 and 6¾ percent in 2008. The economic expansion is strongest in oil exporters but cuts across all country groups. This...

Central Bank Quasi-Fiscal Losses and High Inflation in Zimbabwe: A Note

Central Bank Quasi-Fiscal Losses and High Inflation in Zimbabwe: A Note »

Source: Central Bank Quasi-Fiscal Losses and High Inflation in Zimbabwe : A Note

Volume/Issue: 2007/98

Series: IMF Working Papers

Author(s): Sònia Muñoz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866629

Keywords: Quasi-fiscal Deficit, High Inflation, central bank, monetary fund, open market operations, National Deficit Surplus,

Zimbabwe's failure to address continuing central bank quasi-fiscal losses has interfered with both monetary management and the independence and credibility of the Reserve Bank of Zimbabwe (RBZ). Realized quasi-fisc...

Interest Rates, Credit Rationing, and Investment in Developing Countries

Interest Rates, Credit Rationing, and Investment in Developing Countries »

Source: Interest Rates, Credit Rationing, and Investment in Developing Countries

Volume/Issue: 2003/63

Series: IMF Working Papers

Author(s): Mwanza Nkusu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2003

ISBN: 9781451848441

Keywords: institutions, bank loans, macroeconomic stability, inflation, bank credit, banking, Financial Markets and the Macroeconomy, Fiscal and Monetary Policy in Development,

This paper examines the impact of interest rates and inflation on bank loans and investment within a framework that mimics the financial sectors prevailing in most low-income developing countries. The paper emphasi...

IMF Managing Director Approves a Staff-Monitored Program for Zimbabwe

IMF Managing Director Approves a Staff-Monitored Program for Zimbabwe »

Source: Zimbabwe : Staff-Monitored Program-Press Release and Staff Report

Volume/Issue: 2019/144

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2019

ISBN: 9781498317481

Keywords: Financial soundness indicators, Economic growth, Monetary policy operational framework, Fiscal policy, Exchange rate policy, percent of GDP, cash basis, SOEs, net lend, arrears

Zimbabwe faces deep macroeconomic imbalances. After a period of relative macroeconomic stability when hyperinflation was broken in 2008 with the move to full dollarization, the fiscal situation has deteriorated sha...

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...