Jump to navigation

Vol 59 No 10

Published 18th May 2018

Sounding the alarms on debt

Governments see hopeful growth prospects at risk as lenders impose new strictures and borrowing costs rise

Threats of a rapid and unsustainable build-up of debt could disrupt the prospects for growth in many African economies,* according to the International Monetary Fund and World Bank. Most serious for now, according to officials in the multilateral organisations, is the pace of increase in indebtedness rather than the average debt burden across the continent.

End of preview - This article contains approximately 1384 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.