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PSG Financial Services has launched the inaugural PSG #ThinkBigSA Competition in collaboration with Economic Research South Africa (ERSA). The competition challenges South Africans to submit academic discussion papers that are aimed at helping the country address one of its greatest challenges:...
Arising market and establishing economic situations’ financial debt to GDP proportion boosted from 33.5% in 2008 to 64.6%
Emerging market and developing economies' debt to GDP ratio increased from 33.5% in 2008 to 64.6% in 2022.
Many African countries are facing a dangerous situation as public debt repayments reach their highest levels since 1998.
Debt forgiveness isn’t the answer. History is replete with examples of countries that are serial defaulters.