EAST AFRICA RAISES DEBT AND DOMESTIC REVENUE COLLECTION TO DRIVE ECONOMIC RECOVERY
Tue, 22 June 2021
East Africa’s three largest economies intend to borrow and spend their way out of the pandemic-induced economic slump, which has placed the region in good stead for a swift economic recovery. Nevertheless, there are concerns over debt sustainability and the high cost of infrastructure financing, as well as doubts over domestic revenue collection targets, while a third wave of infections hits the continent.
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