Western Hemisphere

Regional Outlook

Latin America’s output gaps are mostly closed and inflation is near target, but monetary policy remains contractionary and public finances need strengthening. A rebalancing of the policy mix is necessary.
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Sub-Saharan Africa

Regional Outlook

The economic outlook is slowly improving, with growth projected to rise from 3.6% in 2024 to 4.2% in 2025. However, the region still faces significant hurdles in subdued growth, tight financing, and social pressures.

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