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IMF Calls for Inclusive Growth in Central Africa

The International Monetary Fund (IMF) says terrorism, armed conflicts and cross border criminality have stagnated the economies of central African states. With states spending more on arms, losing revenue and businesses, an IMF delegation finishing up an economic mission to the region warned the region’s economy may take a nose dive if current trends continue. Mario de Ramaroczy, Senior Economist and head of the Africa department at IMF, expressed concern over rapidly growing debt and the...

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