Government debt for countries in sub-Saharan Africa has stabilized. However, the debt remains at a high level, according to a report from the International Monetary Fund.
The report suggests that countries which treat the development of their domestic debt markets as part of a wider economic strategy are most likely to gain advantages and handle challenges.
When countries plan domestic borrowing carefully as part of their financial toolkit, it can help make them stronger and grow steadily.
This approach can support economic resilience.
It also aids in achieving sustainable growth across the region.