Lagarde Urges Africa to Act on Poverty

Christine Lagarde, head of the International Monetary Fund (IMF), has warned that despite “showing a remarkable resilience in the face of the global financial crisis”, poverty levels in Africa are still “unacceptably high”.

Lagarde said that poverty affects 45% of Sub-Saharan African households and that inequality is high, with some countries struggling to recover from endemic conflict.

International Business Times

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