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Could an African Stability and Liquidity Mechanism avert a debt crisis?

Could an African Stability and Liquidity Mechanism avert a debt crisis?

 

In the face of a potential debt crisis, an African Stability and Liquidity Mechanism could help ensure macro-financial stability and reasonable funding costs for African governments.

As they struggle to secure investment to aid post-Covid recovery, African governments are facing the spectre of a debt crisis that threatens to become as big as that of the 1980s.

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