World Bank’s latest Africa Pulse report says restoring price stability is key for the region
Runaway inflation is the most challenging macroeconomic problem facing SA and many other countries in Sub-Saharan Africa and restoring price stability is key for the region — as it is for the US and Europe, says the World Bank’s chief economist for Africa, Andrew Dabalen.
He was launching the World Bank’s latest Africa Pulse report, which said the Russia-Ukraine conflict had accelerated already upward trending inflation in Sub-Sahara and this was weighing on economic activity by depressing business investment and household consumption...
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