IMF COUNTRY FOCUS April 15, 2021/IMF By Abebe Aemro Selassie and Shushanik Hakobyan IMF African Department The economic cost of the pandemic for sub-Saharan Africa is unprecedented, and the region continues to grapple with the pandemic. Related Links Latest Regional Economic Outlook for Sub-Saharan Africa The IMF and Low-Income Countries […]
OPINION/EDITORIAL
Regional Economic Outlook for Sub-Saharan Africa: Navigating a Long Pandemic
April 15, 2021/IMF This year, sub-Saharan Africa is projected to grow by 3.4 percent, recovering from the 1.9 percent contraction in 2020—the worst on record—that resulted in a large increase in poverty. In many countries, per capita income will not return to pre-crisis levels until 2025. The near-term outlook is […]
March 2021 CPI: Inflation Skewed to the Upside as Food Prices Remain the Pressure Point
April 15, 2021/Cordros Report Earlier this morning, the National Bureau of Statistics (NBS) released inflation data for March 2021, which showed that the headline inflation rose for the 19th consecutive month, rising by 84bps to 18.17%. The print is 7bps lower than Cordros’ estimate (18.24% y/y) and 27bps higher than […]
