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allafrica - 2 month ago

Africa: External Debt Complicates Africa s Post-Covid-19 Recovery, but Mitigating Efforts Underway

[Africa Renewal] The country s debt-to-GDP ratio, which was 100% in 2018 ballooned to 130% in 2020. With debt overtaking total economic output, Mozambique has little fiscal space to provide a robust response and recovery from the pandemic.


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