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AFMI 2021: countries improved fiscal management despite slow growth

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AFMI 2021: countries improved fiscal management despite slow growth

Tuesday 2 November 2021 – Vol.12 Ed.44.2

Commentary: African countries are navigating an uneven recovery

Absa Africa Financial Markets Index 2021

The Absa Africa Financial Markets Index assesses countries’ financial market development according to six pillars. Pillar 5 evaluates countries’ potential for growth by looking at both macroeconomic performance and quality of governance. Despite constrained growth and deteriorating credit quality in a number of countries in 2020, improvements in financial and fiscal transparency kept scores steady.

Read the full commentary on the website.

On demand: Economic future of Latin America

Over the past year Covid-19 has hit Latin America particularly hard. While a bounce-back of sorts is already being seen, two decades of disappointing economic performance in comparison to other emerging market regions has left doubt in many analysts’ minds. With a continuing struggle to obtain high-quality vaccines in the region, further waves of Covid-19 can’t be discounted and a reopening boom may not occur. Despite this, the region may still benefit from wider global trends, a rise in commodity prices, increased global demands and a resumption of capital flows towards global markets.

Watch the video here.

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