IMF: Pandemic poses threat to Africa's development

ANKARA

Sub-Saharan Africa is facing an unprecedented health and economic crisis from the coronavirus pandemic, the IMF warned on Wednesday in its latest Regional Economic Outlook for Sub-Saharan Africa.

“The world is facing a serious challenge, and sub-Saharan Africa will not be spared,” said Abebe Aemro Selassie, director of the IMF’s African Department.

All indications are that the COVID-19 will exact a heavy human toll and cause an acute economic crisis, he added.

“The region is facing plummeting global growth, tighter financial conditions, a sharp decline in key export prices, and severe disruptions to economic activity from the measures that

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