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IMF forecasts increase in economic growth

11 Nov '06
1 min read

Debt relief and success of reform gives Africa an opportunity to improve its economic growth. Sub-Saharan Africa is enjoying an unexpected success from past two year and IMF forecasted a growth of 5.4 percent this year and 5.9 percent next year.

Although Africa's growth is expected to increase, it still has to be strong enough to eradicate poverty and fighting diseases like malaria. It is expected that positive results will encourage new reforms and will bring more results.

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