IMFBlog The story of Africa’s growth rate over recent years is a tale with several story lines. Key to the tale is the degree of dependence on commodities. Our Chart of the Week shows how the greater a country’s reliance on commodities, the more dramatic the impact of the 2014 commodity shock.
The Zambian parliament on Tuesday suspended 48 opposition lawmakers who boycotted President Edgar Lungu's address to legislators in March to protest his contested electoral victory. The lawmakers from the United Party for National Development (UPND) avoided Lungu's address claiming he was not the legitimate winner of the contested August 11 elections. Parliament