IMF Regional Outlook: Sub-Saharan Africa 2011

This year looks set to be another encouraging one for most sub-Saharan African economies. Reflecting mainly strong domestic demand but also elevated commodity prices, the region’s economy is set to expand by 5¼ percent in 2011. For 2012, the IMF baseline projection is for growth to be higher at 5¾ percent, owing to one-off boosts to production in a number of countries.

From left, Antoinette Sayeh, Director, IMF African Department, William Lyakurwa, Executive Director African Economic Research Consortium, and IMF Assistant Director, African Department, Abebe Aemro Selassie during the, Economic Outlook for Sub-Saharan Africa Forum in Kenya, capital Nairobi, October 19, 2011.

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