THE SADC MACROECONOMIC CONVERGENCE PROGRAMME : PROGRESS TO DATE. THE REGIONAL INDICATIVE STRATEGIC DEVELOPMENT PLAN (RISDP). The Southern African Development Community (SADC) has a variety of policies in place to promote regional economic integration amongst Member States .
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THE SADC MACROECONOMIC CONVERGENCE PROGRAMME: PROGRESS TO DATE
policies in place to promote regional economic integration amongst Member States.
Free Trade Area
REGIONAL AVERAGE 8.4 PER CENT IN 2007 (EXCLUDING ZIMBABWE) FROM 9.7 PER CENT IN 2006.
INFLATION CONTAINED THROUGH PRUDENT MONETARY POLICIES AND REDUCED COST-PUSH PRESSURES ON FOOD PRICES.
MONETARY EXPANSION, EXTERNAL SHOCKS SUCH AS RISING COMMODITY PRICES PARTICULARLY OF OIL (FOR OIL IMPORTING COUNTRIES), AND RECURRING DROUGHTS/FLOODS REMAIN A CHALLENGE TO CONTAINING AND SUSTAINING INFLATION AT LOW LEVELS.