Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again

Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again
фото показано с : news.bitcoin.com

2018-10-6 06:15

Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP.

 Bilateral loans, especially from China, add […]

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