Regional Economic Outlook, April 2012: Sub-Saharan Africa - by International Monetary Fund

By International Monetary Fund

Sub-Saharan Africa maintains to checklist powerful financial progress, regardless of the weaker international financial surroundings. neighborhood output rose via five percentage in 2011, with progress set to extend a little in 2012, helped by means of still-strong commodity costs, new source exploitation, and the enhanced family stipulations that experience underpinned numerous years of good development development within the region's low-income international locations. yet there's edition in functionality around the sector, with output in middle-income international locations monitoring extra heavily the worldwide slowdown and with a few sub-regions adversely affected, not less than briefly, through drought. Threats to the outlook contain the chance of intensified monetary stresses within the euro sector spilling over right into a additional slowing of the worldwide financial system and the potential of an oil expense surge caused through emerging geopolitical tensions.

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