Topic: Sub-Saharan Africa: One Planet, Two Worlds, Three Stories  (Read 356 times)

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Sub-Saharan Africa: One Planet, Two Worlds, Three Stories
« on: October 22, 2021, 01:11:14 AM »
Sub-Saharan Africa: One Planet, Two Worlds, Three Stories

Sub-Saharan Africa is projected to grow by 3.7 percent in 2021 and 3.8 percent in 2022 – a welcome but relatively modest recovery, suggesting that divergence with the rest of the world will persist over the medium term; The crisis has highlighted key disparities in resilience between countries in sub-Saharan Africa and has also exacerbated preexisting vulnerabilities and inequality within each country. Moreover, food price inflation threatens to jeopardize previous gains in food security and exacerbate social and political instability; As the pandemic continues, authorities face an increasingly difficult policy environment, with rising needs, limited resources, and difficult tradeoffs. Saving lives remains the top priority, but there is also an urgent need for spending prioritization, revenue mobilization, enhanced credibility, and an improved business environment; International solidarity and cooperation remain vital, not only on vaccination but also on addressing other critical global issues, such as climate change.
Source: Sub-Saharan Africa: One Planet, Two Worlds, Three Stories

- gist culled from pulseng

 

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