December 19, 2019/IMFBlog By Kristalina Georgieva Over the past two decades, sub-Saharan Africa has made considerable economic progress: extreme poverty levels have declined by one third; life expectancy has increased by a fifth; and real per capita income has grown by about 50 percent on average. Yet, sub-Saharan Africa is still […]

December 18, 2019/IMF The IMF has agreed a program with Equatorial Guinea worth around $280 million, which will have governance and anti-corruption reforms at its heart. The agreement aims to support the recovery of the economy, which has been contracting for the past six years, and promote sustainable and inclusive […]

December 18, 2019/IMFBlog By Gita Gopinath, Gian Maria Milesi-Ferretti, and Malhar Nabar Global growth this year recorded its weakest pace since the global financial crisis a decade ago, reflecting common influences across countries and country-specific factors. Rising trade barriers and associated uncertainty weighed on business sentiment and activity globally. In […]