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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Government debt

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Africa

African countries are struggling with high debt, demands to spend more and collapsing currencies: the policy fixes that could help

  By Jonathan Munemo, Salisbury University Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls, and unfavourable exchange rate pressures. These issues have become […]

todayFebruary 1, 2024 4

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