Restarting Sub-Saharan Africa’s growth engine requires strong policies by States - News Summed Up

Restarting Sub-Saharan Africa’s growth engine requires strong policies by States


| Updated Tue, May 9th 2017 at 12:32 GMT +3Economic growth in sub-Saharan Africa has slowed markedly. The modest recovery projected in 2017 to 2.6 per cent will barely put sub-Saharan Africa back on a path of rising per capita gains. Strong policies are needed to restart the growth engine. For the hardest-hit resource-intensive countries, strong fiscal consolidation is required, with an emphasis on revenue mobilisation. While the growth momentum has slowed, medium-term growth prospects in Sub-Saharan Africa remain bright.


Source: Standard Digital May 09, 2017 09:33 UTC



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