African regional recovery confirmed
The Report on the Economic and Social situation in Africa 1996 just published by the Economic commission for Africa (ECA) has confirmed the recovery that has been underway in Africa in recent years and the highest annual growth rate since the beginning of the decade. The gross domestic product (GDP) grew by 2.3% in 1995 compared to the revised figures of 2.1% in 1994 and 0.7% in 1993. African Least Developed countries (LDCS) income performance increased for the first time since 1992. The real GDP growth rate for, 35 LDCs stood at 2.4% in 1995 compared with - 2.4 and 1.6% in 1993 and 1994 respectively. The ECA Report concludes: For the entire region food production grew at an average rate of 2.5% over the period 1990- 1995, less than population growth by half a percentage point.
| Format: | Press release biblioteca |
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| Language: | eng |
| Published: |
1996-05
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| Online Access: | https://hdl.handle.net/10855/33534 |
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