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Sub-Saharan Africa, Growth Falls to Six Year Low

Sub-Saharan Africa, Growth Falls to Six Year Low

IMF Podcasts · IMF Podcasts

October 23, 201512m 45s

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Show Notes

Economic activity has weakened markedly in sub-Saharan Africa, and the strong growth momentum of recent years has dissipated in several countries. The IMF's latest Regional Economic Outlook for sub-Saharan Africa puts growth at 3¾ percent this year, lower than in 2009 in the aftermath of the global financial crisis. In this podcast, co-author Céline Allard, says low commodity prices, and tighter financing are key factors.