STRENGTHENING PUBLIC DEBT MANAGEMENT AND MANAGING PUBLIC WEALTH

01/20/2020 - 01/24/2019 at Pretoria , South Africa

The economic recovery in sub-Saharan Africa continues, but there is duality in growth performance and prospects within the region. About half of the region’s countries, mostly non-resource-intensive, are expected to grow at 5 percent or more, and see a faster rise in income per capita than the rest of the world on average over the medium term. The remaining countries, comprising mostly resource-intensive countries are expected to fall behind. However, these countries also share the challenges of strengthening resilience and creating sustained high and inclusive growth. Addressing these challenges will require, among others, strengthening public financial management, ensuring efficient public investment, containing fiscal risks from state-owned enterprises and public-private partnerships (PPP), improving debt management, and enhancing debt transparency