The Spending Challenge for Reaching the SDGs in Sub-Saharan Africa: Lessons Learned from Benin and Rwanda
Delphine Prady and
Mouhamadou Sy
No 2019/270, IMF Working Papers from International Monetary Fund
Abstract:
This paper documents the additional spending that is required for sub-Saharan Africa (SSA) to achieve meaningful progress in SDGs by 2030. Benin and Rwanda are presented in detail through case studies. The main lessons are: i) average additional spending across SSA is significant, at 19 percent of GDP in 2030; ii) countries must prioritize their development objectives according to their capacity to deliver satisfactory outcomes, iii) financing strategies should articulate multiple sources given the scale of additional spending, and iv) strong national ownership of SDGs is key and should be reflected in long-term development plans and medium-term policy commitments.
Keywords: WP; Sub-Saharan Africa; Benin; spending; GDP; Rwanda; spending estimate; SSA population; SSA government; SSA countries signal; health SSA average; SSA median; SSA peer; SSA LIDCs; Sustainable Development Goals (SDG); Electricity (search for similar items in EconPapers)
Pages: 26
Date: 2019-12-06
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Citations: View citations in EconPapers (3)
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