Ms. Lagarde Fut 14 coins said progress

Ms. Lagarde Fut 14 coins   said progress over the past decade–reduced   http://www.goldentok.com/   budget deficits and public debt; lower inflation; and stronger foreign exchange reserves–had put sub-Saharan Africa on a fundamentally stronger footing to face the food and fuel crisis of 2008 and the global financial crisis that followed. An effective response from policymakers had ensured most countries in the region were able to maintain critical spending on health, education and infrastructure and allowed their economies recover quickly to the growth levels of the mid-2000s. Nevertheless, those crises took a toll on Africas efforts to reduce poverty, she said.

The potential for greater volatility in commodity markets could cause further disruptions, with winners and losers within the region, continued Lagarde. Faced with these risks, my main worry is that many countries do not have as much capacity to absorb shocks as they did three years ago. Added to that, the global slowdown could be more pronounced this time around. Policies need to tread a.