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Debt relief was granted to the government of Mozambique, less than two decades ago, and again this government finds itself unable to honour obligations to international creditors. Pending the publication of an audit of US$2 billion of borrowing by M…
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In this issue, Smuts House Notes looks at how South Africa remains embroiled in quarrels with the West. The following four articles are the texts of papers delivered at SAIIA's Third International Conference on Economic interdependence and World or…
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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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There are various ways and sources from which a country can mobilize resources to finance its development. These sources of funds can be domestic or external. The major sources of external funding are multilateral and bilateral debts. Countries can …
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Debt sustainability in Africa has emerged as a key concern among policymakers and development finance institutions (DFIs). Currently, 19 out of 54 countries in Africa exceed the 60% debt-to-gross domestic product (GDP) threshold prescribed by the …
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With about a year into implementation of the 2017 to 2019 Medium Term Debt Strategy, this paper gives a synopsis of the strategy. It delves into each of the pillars of the strategy and analyses the pros and cons of each and assesses whether the pil…
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