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The Spending Challenge for Reaching the SDGs in Sub-Saharan Africa

Author

Listed:
  • Delphine Prady

    (International Monetary Fund)

  • Mouhamadou Sy

    (International Monetary Fund)

Abstract

This paper documents the additional spending that is required for sub-Saharan Africa (SSA) to achieve meaningful progress in Sustainable Development Goals (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% 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.

Suggested Citation

  • Delphine Prady & Mouhamadou Sy, 2023. "The Spending Challenge for Reaching the SDGs in Sub-Saharan Africa," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 35(5), pages 1102-1126, October.
    • Handle: RePEc:pal:eurjdr:v:35:y:2023:i:5:d:10.1057_s41287-022-00563-9
    DOI: 10.1057/s41287-022-00563-9
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    References listed on IDEAS

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    1. World Bank, 2013. "Global Development Horizons : Capital for the Future - Saving and Investment in an Interdependent World," World Bank Publications - Books, The World Bank Group, number 13431.
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    More about this item

    Keywords

    Sustainable development goals; Fiscal policy; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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