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Additional resources for African Economic Outlook 2005/2006
Of Nigeria Zimbabwe Congo, Dem. Rep. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. a. 85 Source: The Heritage Foundation/The Wall Street Journal, 2006 Index of Economic Freedom. © AfDB/OECD 2006 African Economic Outlook 45 Overview 46 revenues and update it regularly. The creation of Burkina Faso’s new High Commission for the Coordination of Anticorruption Activities (HACLS) was met with optimism, and the success of the country’s broader anticorruption strategy is closely tied to the ability of this new body to take on high-profile corruption cases.
4 per cent in 2005. Egypt, Sudan and Tunisia, on the other hand, experienced a slight worsening of their fiscal balances in 2005. In 2006 every country is projected to improve its fiscal balance. Little change is expected in 2007 except for Algeria whose fiscal surplus is expected to decrease somewhat. West Africa In 2005, fiscal balances deteriorated in 9 countries in West Africa. 4 per cent in 2005. 5 percentage points. The projections for 2006 and 2007 are for stable or improving African Economic Outlook overall fiscal balances in most countries.
6 per cent in 2005 as weather conditions normalised; and inflation rates increased only marginally in the remaining Central African countries (Cameroon, the Central African Republic, the Republic of Congo, Equatorial Guinea, Gabon and São Tomé and Principe). The projections for 2006 and 2007 indicate that inflation will once again decrease in Central Africa close to the convergence target of 3 per cent, largely due to a return to singledigit inflation rates in all countries except São Tomé and Principe.