Growth in SSA at highest for 35 years.(Commercial Review)(Sub-Saharan Africa)(Brief article)

ECONOMIC GROWTH IN SSA is likely to reach 6.8 per cent this year, while output in the region's ten oil exporters is expected to hit double digits (and no less than 35 per cent in Angola). The IMF's April 2007 World Economic Outlook expects regional inflation to remain stable at seven percent, excluding Zimbabwe. According to the Fund 35 out of 44 sub-Saharan countries will keep inflation below this, but budget and external balances (before grants) will come under pressure during the year as commodity prices, including oil, weaken slightly. As a result, the overall fiscal balance for the region will be …