EAC’s ‘fragile’ states set for fastest GDP growth

EA DRC Economy

Busy streets of Kinshasa, DR Congo, reveal the country’s massive economic potential. FILE | PHOTO | AFP

The International Monetary Fund (IMF) has named South Sudan, Burundi and the Democratic Republic of the Congo as the East African Community (EAC) member states poised for the quickest economic growth trajectories in the 2024-2025 period. This, is despite the three being the most conflict-stricken in the region.

The IMF’s latest regional economic outlook report for Sub-Saharan Africa published last week forecasts a 1.2 percent gross domestic product (GDP) growth for South Sudan, from 5.6 to 6.8 percent, even as it grapples with economic disruptions and humanitarian support problems caused by the war in neighbouring Sudan.