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Launch of Africa’s Macroeconomic Performance and Outlook (MEO) Report, 2023 - Keynote Speech By Dr. Akinwumi A. Adesina - President, African Development Bank Group

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability, climate, energy and nature, public finances and debt

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· Akinwumi Adesina Wiki · African Development Bank Group WikiLaunch of Africa’s Macroeconomic Performance and Outlook (MEO) Report, 2023 - Keynote Speech By Dr. Akinwumi A. Adesina - President, African Development Bank Group

ContextKeynote launching the bank's 2023 Africa Macroeconomic Performance and Outlook report; the African Development Bank finances Africa's development and tracks its economies.

Why it mattersAdesina warns about rising debt vulnerabilities as growth slows.

Problems raised
  1. High energy and food prices fuel inflation.
  2. Debt vulnerabilities are rising.
  3. Growth is slowing.
Solutions proposed
  1. Publish outlook reports to guide policy.
  2. Address debt risks.
  3. Build economic resilience.
Read full speech on afdb.org ↗

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