Every year, the International Monetary Fund and World Bank meetings host a discussion on issues related to poverty reduction, international economic development, and finance. Given these two institutions’ presence and influence in sub-Saharan Africa, these meetings often deliver a range of policy prescriptions to improve these countries’ economic climates. So, what are the key takeaways for African countries from IMF and World Bank meetings that were held earlier this month in Lima, Peru?
While in recent years, these meetings have focused on the “Africa Rising” narrative, this year they centered on the continent’s recent falling GDP growth rate. For instance, the IMF forecasts that GDP growth in sub-Saharan Read More