Is an African debt crisis returning?

 [[{“value”:”Africa’s debt crisis is back to where it was in the late 1990s, with almost one fifth of government revenues now used to service foreign loans. The cost is being counted in crumbling clinics and schools, and economic stagnation pic.twitter.com/3zAGRC6ule — Patrick Watt (@WattPatrick) April 2, 2024
The post Is an African debt crisis returning? appeared first on Marginal REVOLUTION.”}]] 

Africa’s debt crisis is back to where it was in the late 1990s, with almost one fifth of government revenues now used to service foreign loans. The cost is being counted in crumbling clinics and schools, and economic stagnation pic.twitter.com/3zAGRC6ule

— Patrick Watt (@WattPatrick) April 2, 2024

The post Is an African debt crisis returning? appeared first on Marginal REVOLUTION.

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