All positive momentum gained in recovering from Covid-19 in sub-Saharan Africa has been lost, as monetary policies are focused on preservation rather than growth amid volatile market conditions globally, International Monetary Fund (IMF) assistant director for Africa Papa N’Diaye said this week. During his first visit to South Africa and presenting at a University of the Witwatersrand (Wits) event on June 7, he unpacked the IMF’s Regional Economic Outlook for sub-Saharan Africa that was published in April.
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