Government debt in sub-Saharan Africa has stabilised. However, the International Monetary Fund (IMF) notes that these debt levels remain high across the region.
The IMF report suggests that countries carefully planning their approach to domestic debt markets are better prepared.
These nations are best positioned to gain advantages and handle potential dangers associated with debt.
When countries deliberately and thoughtfully use domestic borrowing as part of their financial tools, it can help.
This approach can support economies staying resilient and growing steadily.
The IMF did not specify individual country figures in this general statement.
Further details on the stabilisation were outlined in the IMF report.