Growth in sub-Saharan Africa will decline to 3.6 percent this year. Amid a global slowdown, activity is expected to decelerate for a second year in a row. Still, this headline figure masks significant variation across the region. The funding squeeze will also impact the region’s longer-term outlook. A shortage of funding may force countries to reduce resources for critical development sectors like health, education, and infrastructure, weakening the region’s growth potential. [2]
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/regional-economic-outlook-sub-saharan-africa-2023
[2] http://www.indiaenvironmentportal.org.in/files/file/regional economic outlook sub saharan africa 2023.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/international-monetary-fund
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economic-development
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gdp
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/africa