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AfricaDecember 22 2022

Africa’s great inflation challenge

African authorities must make tough choices as they are confronted by surging prices, writes Charlie Mitchell.
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Africa’s great inflation challenge

Crippling, runaway inflation is emerging as sub-Saharan Africa’s (SSA’s) biggest financial challenge, with heavily indebted economies across the region already in the doldrums. 

Currently at decade-high levels, inflation is destroying incomes for some of the world’s most vulnerable people. And in many weak African economies, monetary authorities do not have the tools to effectively fight back.

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