IMF WARNS OF RISING DEBT RISKS IN SUB SAHARAN AFRICA

Spread the loveWayne Lumbasi The International Monetary Fund (IMF) has issued a stark warning over growing debt vulnerabilities in Sub Saharan Africa, citing an alarming rise in domestic borrowing that is straining local banks and threatening financial stability. In its latest Regional Economic Outlook, the Fund noted many African governments are increasingly turning to domestic … Continue reading IMF WARNS OF RISING DEBT RISKS IN SUB SAHARAN AFRICA