Why are so many countries in Africa either in or very close to being in debt distress? | DW News
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Why are so many countries in Africa either in or very close to being in debt distress? | DW News
African countries are experiencing severe debt troubles with several governments having to sacrifice social spending to pay back creditors. In Ghana, the government was spending more of its budget on health and education at the start of the 2010s. But after the government borrowed money on the markets the interest payment burden began to grow ...
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