Will Africa be able to break through the debt wall?

2023-12-14 18:08:31

On December 13, the Monetary Fund international (IMF) and the World Bank have approved and service reduction plan the Somalia’s debt of 4.5 billion of dollars, pushing the debt ratio of country of 64% of GDP in 2018 at 6% currently. Thanks to cet agreement, the fruit of ten years of negotiations, the country of the Horn of Africa becomes the least indebted of continent.

May

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