Sub-Saharan Africa's growth performance in recent years has been the best in more than three decades. Higher resources from oil revenue as well as debt relief are being used to make progress toward the Millennium Development Goals (MDGs). Despite the resulting spending pressures, in most countries macroeconomic stability has been preserved and policies appear to support and sustain the region's higher growth trajectory. However, much more needs to be done if the region is to attain the MDGs, both by country authorities and donors. The April 2007 issue reviews sub-Saharan Africa's growth performance, outlook, and risks.This is complemented by brief analyses of issues such as poverty, climate change, access to technologies, service outsourcing to sub-Saharan Africa, and China's economic relations with the region; and in-depth analysis of: macroeconomic challenges facing sub-Saharan African oil producers, covering a wide range of issues from managing and spending higher oil revenues to absorption and Dutch disease; sub-Saharan Africa's emerging export patterns, in particular in light of the ascent of Asian trade, and policies for turning trade into an engine of development; and the evolution of domestic debt markets in sub-Saharan Africa, policy challenges in developing them, and how to manage increased foreign capital inflows. Prepared by the IMF's African Department, and published twice a year in English and French, ""Regional Economic Outlook: Sub-Saharan Africa"" analyzes economic performance and short-term prospects of the 44 countries covered by the department. Detailed data for countries and various groupings are provided in a statistical appendix, and a list of relevant publications by the African Department is included.
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