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Publication
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 …
Publication
This paper will seek to raise the legitimacy of some of the debts contracted in the recent past, not only because they have added to the misery of the poor, but because of the manner in which they have been contracted. The net effect of all debts is…
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The study was conducted through desk reviews of Member States Constitutions, Public Finance Management Acts, Budget Laws, Debt Management Laws and relevant legislation. It also reviewed national budgets, Budget Framework Papers, National Development…
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Zambia’s current legal framework for public debt management is inadequate. The high level of external debt standing at US$11.2 billion and domestic debt at K80.2 billion due to fast pace of debt contraction; the resulting heightened risk of debt dis…
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This report seeks to highlight trends in key debt management measures for a selected number of African countries with debt management problems (Central African Republic, Chad, Ghana, Mozambique, Senegal and Zambia). Extra analysis on Ghana is presen…
Publication
Since independence, Tanzania has experienced a series of economic shocks, which have pushed the country into an economic crisis. From mid-1980 onwards, major macroeconomic variables have been fluctuating, forcing the government to intervene through …
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