Sub-Saharan African countries need more responsive policy – IMF staff

Local presence not always the best option for emerging markets investors
Policy reset: IMF staff urge Sub-Saharan countries to adjust policies at a "faster pace" in the face of "worrying trends"

Staff at the International Monetary Fund have called for a "policy reset" in the Sub-Saharan Africa region, where growth is expected to fall to 3% this year as a result of "multiple shocks".

"Africa needs a substantial policy reset to reap the region's strong potential," said Antoinette Sayeh, director of the IMF's African Department. "This is particularly urgent in commodity exporters and some market access countries, as the policy response to date has generally been insufficient."

In their

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