High debt, spending demands and collapsing currencies
Policy fixes to help Africa
Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs and stabilising domestic currencies. Jonathan Munemo, professor of economics at the Salisbury University in the US, unpacks this dilemma.
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 ne
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