Regional Economy Paper
GDP growth in Sub-Saharan Africa is projected to rise to about 6½ percent in 2007, driven mainly by rising oil production in a number of countries. Even in oil-importing countries, growth should remain steady at about 5 percent. Inflation for the region is projected to remain unchanged at about 7 percent; three-quarters of the countries are expected to record single-digit inflation. These are among the key findings of the April 2007 IMF Regional Economic Outlook for Sub-Saharan Africa.
For the third consecutive year, economic growth in Sub-Saharan Africa remained strong at 5.4 percent in 2006 slightly lower than the 6 percent recorded in 2005. Because of constraints faced in expanding oil production, growth in oil exporting countries declined to 5.6 percent in 2006 from 7.9 percent in 2005. By comparison, growth in oil-importing countries at 5.3 percent was almost unchanged from 2005: nearly half of them recorded growth of 5 percent or more,......

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Title: Regional Economy
Approximate Word Count: 1957
Approximate Pages: 8 (250 words per double-spaced page)

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