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Economy in Sub-Saharan Africa: the IMF reveals its prospects

18/06/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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Le jeudi dernier, le International Monetary Fund (IMF) has unveiled its regional economic outlook for sub-Saharan Africa.

The IMF's April 2024 report highlights an expected growth of 3.4% the previous year to 3.8% for this year in the region. At a meeting bringing together the country's main financial partners, including the World Bank style="font-family: "Bookman Old Style”, "serif">, UNDP, the African Development Bank (BAD), l'Union européenne And the French Development Agency (AFD), Maximilien Kaffo, IMF Resident Representative in Togo, highlighted the resolution of macroeconomic imbalances and the management of deficits and debt by countries in the region. However, he warned of the persistence of challenges related to the mobilization of international financing, which is often crucial but difficult to obtain for many countries

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