English>

MarketNews

IMF’s New Boss Voices Concern About Rising African Debt Levels - BLOOMBERG

NOVEMBER 19, 2019

By and

  • IMF advises Kenya to be more cautious in building debt
  • Zambia must ‘get a handle’ on its debt, Georgieva says             


The International Monetary Fund is worried about rising debt in Africa, with about 40% of countries on the continent at distressed levels, Managing Director Kristalina Georgieva said.

“In some cases we are concerned, in others we see that investing is going to pay off over time,” Georgieva said in an interview with Bloomberg TV from Berlin.


SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics