Living on the Edge: IMF outlook for sub-Saharan Africa
Countries are pushed to the edge by rising food and energy prices and growing macroeconomic imbalances.
Overview
The International Monetary Fund’s (IMF) October report on sub-Saharan Africa reveals a continent facing multiple shocks, a ‘highly uncertain’ future outlook and a limited margin for action. Growth in 2022 is expected to slow sharply. As food and energy prices soar, public debt and inflation are at levels not seen in decades.
This event will explore how South Africa and other African countries can navigate the turbulent economic context and withstand future upheavals, including by improving regional integration.
Read the full IMF report here.
This event is co-hosted by the Institute for Security Studies (ISS) and the International Monetary Fund (IMF).
Seating at the ISS in Pretoria is limited to 40 people.
Moderator: Dr Jakkie Cilliers, Head, African Futures & Innovation, ISS Pretoria
Opening remarks: Cathy Pattillo, Deputy Director, IMF African Department
Presentation of report: Luc Eyraud, Head, Regional Studies Unit, IMF African Department
Panelists:
Gina Schoeman, Managing Director and Head of Research, Citi Bank and Head, CEEMEA Economics
Mampho Modise, Deputy Director-General, Public Finance, National Treasury, South Africa
Development partners
The ISS is grateful for support from the members of the ISS Partnership Forum: the Hanns Seidel Foundation, the European Union, the Open Society Foundations and the governments of Denmark, Ireland, the Netherlands, Norway and Sweden.
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