In the past five years, countries in Africa have experienced a considerable increase in public debt and risk, as the shocks from the COVID-19 pandemic and the war in Ukraine have compounded long-lasting structural weaknesses, including weak revenues, expenditure pressures, and weak growth. The World Bank and other creditors are utilizing various tools to assess…
Browsing: debt
What is the state of public debt in sub-Saharan Africa? After undergoing significant decline during the 2000s – thanks to economic growth fueled by rising commodity prices, increased foreign investment, and debt relief – public debt in sub-Saharan Africa rose again in 2013. Trends vary from country to country, however
