The economy has been hit hard by drought for a second consecutive year, and this has contributed to weak economic activity, and placed almost half of the population at risk of food insecurity. In 2015, donors and the authorities provided relief to 2.8 million people but the situation has worsened as the drought has become more pronounced. The large policy slippages that emerged in 2015 contributed to the persistence of inflation which has remained in double digits since 2012 and continues to pose a challenge to macroeconomic stability.
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|Size: ||2.2 MB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2016|
|ISBN: ||9781475564242 (DRM-PDF)|
|Read Aloud: ||not allowed|