Emerging Economies across the would especially countries across sub sahara Africa have always had a date with debt servicing. And this alone is causing a huge deficit to their domestic fiscal policies. A situation that many of this emerging economies work through tight measure’s to ensure adequate budget in a fiscal year. For instance, African countries debt profiles read in hundred of billions of dollars. In addition to the burden of servicing such debt that had in recent times brings this economies to there knees. A scary example of debt…
Debt Servicing, Relief and Restructuring: Evaluating IMF/WBG 2022 Meeting By Adefolarin A. Olamilekan
