IMF Chief says 20 SSA countries close to debt distress

The downgrade of supply to 143 countries, caused largely by Russia’s invasion of Ukraine and the shock wave it has sent around the world, is troubling

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has raised fresh concerns that up to 20 countries in sub-Saharan Africa are close to debt distress, pushed by first, COVID pandemic impact and the new spillover effects of the war in Ukraine. She raised the concerns

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