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"This study has made a number of pertinent observations. Significant is that domestic debt in Zambia has, in the past five years, been increasing at a high rate in nominal terms but in GDP terms has been on the decline. This is against a background …
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"This study clearly demonstrates Tanzania’s ecological debt by analysing the concept in the Tanzanian context. The study demonstrates how Tanzania, as a country has taken up activities that are ecologically destructive in-order to meet her debt obli…
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"The purpose of this study is to assess whether the fiscal space in Malawi has increased as a result of the implementation of the Poverty Reduction and Growth Facility (PRGF) programme and, if so, whether it has contributed to the implementation of …
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"This report analyses the development in public domestic debt in Ghana, and its impact on the economy for the period 2000 to 2009 with the objective of looking at the institutional framework regarding the budgetary process, uses of public funds and …
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"The development challenges facing sub-Saharan Africa are deep-rooted and numerous. In the case of Ethiopia, they include acute poverty (44.2% of its population below the poverty line); historically low economic growth (averaging 2.6% over the last …
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"The concept of Intra-SADC debt (Southern Africa Development Community) is defined in this policy brief as any bilateral or multilateral financial lending and borrowing between or among SADC member countries and their development banks. The loans di…
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"This borrowing charter contains principles and guidelines on sovereign financial borrowing. It seeks to guide and inform sovereign states borrowing so as to improve the current weak administrative, institutional and legal procedures for loan contra…
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"In the face of budget deficits, against a backdrop of drying up of concessional lending and reduction in development assistance due to the impact of the global financial crisis among others, borrowing from domestic markets becomes a viable option. …
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"The Legislative Alert argues the current system of levying taxes through fuel price to pay the Tema Oil Refinery Debt is seriously flawed. Not only is the process cumbersome and inefficient, but it also puts an unnecessary burden on consumers. The …
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"This Legislative Alert draws attention to African countries’ addiction to foreign aid. It points out that this has not entirely helped the continent’s development because aid has been inadequate and has increased Africa’s indebtedness with consider…
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"More than half a century after independence, the Ghanaian economy remains dependent on cocoa and gold for its survival. The country has failed to diversify the economy's production base all these years. In essence, the economy has retained its col…
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The paper points out that African countries have become addicted to foreign aid. This has not, however, entirely helped their development because not only has aid been inadequate but it has also increased Africa’s indebtedness with considerable serv…
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"This paper analyzes the Heavily Indebted Poor Countries' Initiative (HIPC) with a focus on the experiences of countries such as Uganda and Bolivia that have had the most experience with the program. It was written at a time when Ghana was consideri…
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The motivation of this study is the recently launched global agenda of SDGs goals (17.4) that proposes to “ Assist developing countries in attaining long-term debt sustainability; this is to be attained through coordinated policies aimed at fosterin…
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The recent history of Sovereign Debt Restructuring (SDR) undoubtedly demonstrates the need for a reform of the international financial architecture. Not only have financial crisis and sovereign default become problems affecting developed and develop…
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Nigeria’s total public debt stock rose continuously from NGN8.32 trillion in September 2013 to NGN22.7 trillion in March 2017. The high debt made the World Bank and the International Monetary Fund (IMF) warn the country of the economic consequences …
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Africa has major development aspirations in the broader context of a global and continental economic development agenda. This calls for substantial financial resources at a time when the global development finance landscape is changing, from a mod…
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Rising public debt in sub-Saharan Africa remains a matter of concern. We provide an analysis of public debt and debt sustainability in Tanzania, focusing on external debt. Though current and previous analyses using the IMF-World Bank debt sustainabi…
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Does China provide African countries with ‘China-powered’ agency to challenge other external actors for their own political benefit? This was the case in the Democratic Republic of Congo (DRC) from 2007 to 2009. A Chinese package deal – the Sicomine…
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Many African countries were already in debt distress before COVID-19, and the pandemic has made it worse, lifting average debt-to-gross domestic product (GDP) ratios from about 60% to 70%. The G20/Paris Debt Service Suspension Initiative (DSSI) was …
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