Report on the development and implementation of short-term forecasting systems in individual African countries

Abstract

This paper focuses on report on the development and implementation of short-term forecasting systems in individual African countries. The United Nations Economic Commission for Africa (ECA) has been engaged in a series of programmes involving the building of indicative planning models with the objective of mapping a future outlook of African economies. These models aimed at helping the African countries in formulating economic strategies and policies within a coherent and consistent national development plans by indicating the policy implications under various alternative development scenarios.