The economic fallout from the multiple crises affecting the region has lowered household incomes, increased poverty, widen inequality and heightened food insecurity. Climate shocks, low productivity in agriculture, lack of infrastructure also contribute to rising food insecurity in the region. While food insecurity in Sub-Saharan Africa was increasing before the onset of Covid-19, the pandemic and the food and energy crisis have contributed to the recent steep increase in food insecurity and malnutrition. Elevated inflation rates and resulting policy tightening, as well as the rising risk of debt distress, are also impacting economic activity. Economic activity in the region is slowing to 3.3 percent amid global headwinds, including weak global growth and tightening global financial conditions.
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