Sustainable Societies Africa

Finance

African countries continue to face a perennial shortage of resources needed to finance public and private investment, constraining their ability to accelerate growth. The chronic resource gap arises from imbalances between exports and imports, between resource inflows and debt payments, and between domestic savings and domestic investment. Resource shortages limit the ability of governments to direct public expenditures towards the infrastructure and social services needed to boost domestic demand, encourage private sector activity, and sustain high levels of economic growth.