The World Bank has asked Malawi and other African countries with “persistently high levels of inflation” to maintain a tight monetary policy despite fears that fiscal policies alone cannot promote inclusive growth on the continent. The recommendation comes after an observation made in the April 2024 issue of the Africa Pulse Report that the continent’s
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The World Bank has projected economic growth in sub-Saharan Africa to slow to 3.1 per cent in 2023 from 3.6 per cent in 2022.According to the World Bank's April 2023 economic update for sub-Saharan Africa released on Wednesday, growth across .
NAIROBI, April 5 (Xinhua) The World Bank on Wednesday projected economic growth in sub-Saharan Africa to slow to 3.1 percent in 2023 from 3.6 percent in 2022.