IMF: SSA countries need deep reforms to revive growth, ensure resilience

From CNBC Africa:

“African resource-intensive countries need deep reforms and face an urgent need to diversify away from the resource sector for more durable and inclusive growth. That’s according to the IMF Sub-Saharan regional economic outlook, which highlights the need to ensure that their current macroeconomic policy mix is appropriate, while removing any key policy distortions that may be holding back business confidence and investment. The Bretton Woods institution also notes by 2030, half of the world’s new workers will be from sub-Saharan Africa. Catherine Pattillo, Deputy Director, African Division at the IMF joins CNBC Africa for more.”

Posted by at 8:25 AM

Labels: Inclusive Growth

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