Africa must increase transparency to ease debt stress, Lesetja Kganyago says
The SA Reserve Bank governor has emphasised the need for countries ‘to borrow smarter and not see debt as a replacement for domestic revenue mobilisation’
20 September 2019 - 17:56
African countries can mitigate growing worry over debt sustainability by increasing transparency and strengthening the development of their local capital markets SA Reserve Bank governor Lesetja Kganyago said on Friday.
“There is growing concern that many African countries are once again at risk of debt traps,” Kganyago said at the launch of the Africa Debt Monitor, launched by the Collaborative Africa Budget Reform Initiative (Cabri). ..
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