Regional Economic Outlook, April 2008, Sub-Saharan Africa

The region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 6½ percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 8½ percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.
Publication date: April 2008
ISBN: 9781589067110
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Money and Monetary Policy , inflation , exchange rate , monetary policy , capital inflows , exchange rate regime

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