For Sub-Saharan Africa, Coronavirus Crisis Calls for Policies for Greater Resilience
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Global Food and Nutrition Securitydate: 15/04/2020
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STORY HIGHLIGHTS
- Economies in Sub-Saharan Africa could lose between $37 billion and $79 billion in output losses in 2020 due to COVID-19 (coronavirus), according to a new World Bank regional economic analysis
- The region could face a severe food security crisis, with agricultural production expected to contract between 2.6% and 7%
- The World Bank Group and the International Monetary Fund have called for a “bilateral debt standstill,” which the report notes should be an important part of the global response to soften the impact of COVID-19 on Africa’s poor
Full text available here: https://www.worldbank.org/en/region/afr/publication/for-sub-saharan-africa-coronavirus-crisis-calls-for-policies-for-greater-resilience