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Subject
Prospects for African economies in 2017.
Significance
The IMF anticipates a modest economic recovery in sub-Saharan Africa for 2017, after 2016 produced the lowest growth on the continent in more than two decades. GDP in 2017 is expected to rise by a modest average of 2.9%, just sufficient to stabilise average per capita incomes. Prospects vary significantly across the continent; however, all countries still need to complete politically difficult fiscal adjustments initiated in 2016 to restore macroeconomic stability and deepen resilience.
Keywords:
Africa,
AF,
Angola,
Congo-Kinshasa,
Ethiopia,
Ghana,
Ivory Coast,
Kenya,
Nigeria,
Senegal,
Sierra Leone,
South Africa,
South Sudan,
Zambia,
Zimbabwe,
PROSPECTS 2017,
economy,
bonds,
capital flows,
debt,
fiscal,
foreign investment,
foreign trade,
natural resources,
oil
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2016
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