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Comment on East Africa: Mounting debt cost an arm and a leg by เช็คสลิปโอนเงิน
['Henry Lyimo']
Comments for Daily News
In 2022, public debt in Africa reached USD 1.8 trillion.
Debt sustainability has been a critical issue in the Sub-Saharan Africa region as several countries are facing high risk of debt distress.
KenyaKenya’s overall public debt has increased in recent years.
As a percentage of GDP, public sector debt rose from 47.0 percent in FY 2020/21 to 48.4 percent in FY 2021/22.
Its total public debt was estimated at US$3,457 million (67 percent of GDP) as of December 2021.