Angola
- The growth outlook is poor as the oil sector continues grappling with maturing infrastructure
- Inflation is likely to decline temporarily, supported by restrictive monetary policy
- The currency will depreciate to narrow spread with the parallel market
Ethiopia
- Sustained growth will follow a steady move toward private sector–led development
- Inflation will stay in low double digits as further disinflation would require deeper reforms
- The currency will gradually depreciate to support competitiveness
Kazakhstan
- The growth will slow down markedly on the back of a fiscal consolidation
- Currency depreciation will continue due to the high inflation and gloomy outlook for oil prices
- As fiscal consolidation cools domestic demand, inflation will eventually decelerate
Read the forecasts in details on our Macro Portal.
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Forecast updates in September:
