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Vol 46 No 2

Published 21st January 2005

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The International Monetary Fund's forecast of average growth of 5.8 per cent for sub-Saharan Africa this year is the region's best out-turn for 30 years. The bigger question is how higher growth will reduce Africa's poverty. The figures include fast-growing oil economies such as Equatorial Guinea and Angola, where there is little hope that the huge sums flowing into the economy will benefit the poor. Yet the growth figures also reflect a recovery in agriculture and farmers' incomes, following severe drought in 2003.

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