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LONDON: The World Bank warned that high borrowing costs have “changed dramatically” the need for developing nations to boost sluggish economic growth....
The warning comes as the IMF is forcing countries like Pakistan to maintain monetary tightening
Africa needs to advocate more aggressively for its own interests when it comes to negotiating debt terms.
The invitation by the UK House of Commons to AFRODAD to give evidence on Africa’s debt is a testament that AFRODAD is a credible voice on behalf of the continent, on matters that concern debt and its intersectionality. The committee met on 20th February 2024. The following were Jason’s main talking points: Africa’s debt crisis