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Zambia , Sunday 31 May 2026

African economies debt outlook remains "cloudy" - World Bank economist

Published on: Monday 29 May 2023

African economies debt outlook remains "cloudy" - World Bank economist By Kopano Gumbi and Rachel Savage JOHANNESBURG (Reuters) - The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies across the continent, the World Bank's Africa chief economist said on Monday. Andrew Dabalen said a form of stagflation taking hold was one of the biggest concerns. Growth is expected to reach 3.1% in


News source: https://www.msn.com/en-us/money/markets/african-economies-debt-outlook-remains-cloudy-world-bank-economist/ar-AA1bQnJr

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