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East Africa: Is pre-emptive debt restructuring a viable option?
East African countries are facing the risk of defaulting on their loans due to a combination of rising debt servicing costs, rising costs of imports and higher inflationary pressures associated with the continued appreciation of the dollar. Is pre-emptive debt restructuring a viable option? Irmgard Erasmus, Senior Financial Economist at Oxford Economics Africa spoke to CNBC Africa for more.
Wed, 19 Oct 2022 14:40:11 GMT
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