GROWTH IN SOUTH ASIA.

In South Asia, the outlook is for 2015 and 2016 broadly stable economy and an acceleration of growth, albeit with risks concentrated on the foreheads of fiscal and structural reforms.

The region is expected to record a real growth of 6% in 2015 and 6.4% in 2016, against 5.4% in 2014.This development could make South Asia the second region to experience the fastest growth in the world after the East Asia and the Pacific.

• Risks

South Asia remains vulnerable as all regions of the developing world, the effects of tighter monetary policy in a US economy on track to redressement.And to stagnation in the weaker countries of the Euro Zone .

• INDIA 

The Indian economy, which represents 80% of production in this region is expected to grow by 6.4% during the 2015/2016 financial year after an increase of 5.6% during the 2014/2015 financial year.This stimulus is due to "the Modi effect" appears to be a real hope for the Indian nation.

Economic growth should benefit from the recovery in the US economy that would constitute a market for exports of Indian products and services.

Private investment should be accelerated because of the option in favor of the companies taken by the government sector.And the decline of oil prices should give a boost to the competitiveness of the private sector.

• PAKISTAN 

In the second largest economy in the region, it is the question of whether the recent political unrest has undermined investor confidence and weakened ducoup growth prospects.The losses associated with these disorders are estimated at 2.1% of GDP in the short term.Growth is when with it, estimated at 4.4% this year against 4.1% for the previous year.

• BANGLADESH 

It should register 6.2% growth under the 2014/2015 financial year.For reviving political stability and a new policy focused on growth.

So, regarding our modest relative contribution to growth in South Asia.

Frédéric Betta-Akwa