The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports. East Africa: the best economic performance of the continentAccording to Nnena Nwabufo, the Bank’s Deputy Director General for the East Africa Region, the East African Economic Outlook highlights a number of policies that member countries must implement to transform their economies. “High fiscal deficits and rising public debt pose challenges to macroeconomic stability in several southern African countries. West Africa: Progress in a contrasting panoramaAfter several good years, economic growth in West Africa stagnated at 0.5% in 2016. Caption: The African Economic Outlook is a flagship publication of the Bank, which provides an overview of the economies of the 54 African countries.
Source: The North Africa Journal March 13, 2018 11:37 UTC