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According to a World\u00a0Bank report, the Ethiopian economy will maintain its growth lead for the East African region. The economy, however, dropped a step in growth forecast in the Sub-Saharan Africa (SSA<\/span>) region, falling\u00a0behind\u00a0<\/span>Ghana. In June 2017, the WB forecast Ethiopia as the most expansive in <\/span>SSA<\/span> pegging growth at 8.3%. The latest forecast puts Ethiopia at a percentage point behind Ghana. The West African nation is forecast to grow at 8.3% as against Ethiopia\u2019s 8.2%.<\/span><\/p>\n Among East African countries, Ethiopia is likely to remain the fastest growing economy, but growth is expected to soften as it takes measures to stabilize government debt.\u00a0Other 2018 forecasts for the East African region\u2019s economic giants are Kenya (5.5%), Tanzania (6.8%), Uganda (5.1%) and Rwanda (5.9%). Ethiopia beat Kenya last year to become economic giant of the region according to the IMF<\/span>.<\/p>\n The WB\u2019s Global Economic Prospects report released on January 10, 2018, said there was a modest recovery underway in Sub-Saharan Africa buoyed by an improvement in commodity prices.<\/p>\n Under the area of outlook, the report said regional growth was projected at 3.2% for this year up to an average of 3.6% in 2019 \u2013 2020. It hinted at a solid performance for non-resource-intensive countries hinging it to public investment growth. \u201cNon-resource-intensive countries are projected to expand at a solid pace, helped by robust public investment growth. Economic activity is expected to remain solid in WAEMU<\/span>, with Ivory Coast and Senegal expanding at a rapid pace,\u201d the report added.<\/p>\n