There are fears that Kenya’s debt has been funding mostly government salaries.
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William Ruto is determined to reduce public debt by collecting more taxes to pay for what the country needs.
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There’s a gap between Kenya’s public spending and its revenue. If the country owes more than it can repay, citizens will suffer.
Children queue for porridge in Harare, the capital of Zimbabwe during the height of the COVID pandemic.
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A return to debt sustainability will create room for African policy makers to stave off risks to the post-pandemic recovery.
Ghana’s economy is in dire straits.
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Ghana’s economy is in its most precarious state in decades.