Government debt across sub-Saharan Africa has stabilized. However, the International Monetary Fund notes that this debt remains at a high level.
A recent report by the IMF highlighted the importance of strategic debt management.
Countries that develop their domestic debt markets as part of a larger economic plan are well-positioned.
These nations can best use the benefits of domestic borrowing. They can also better manage the risks involved.
When a country plans its borrowing carefully, it can support resilience.
This careful planning can also help achieve sustainable economic growth.