Africa - Desperate for Debt Relief to Recover From Covid-19

4 December 2020
opinion

Africa's debt burden is stifling the growth of economies and stagnating the very health care systems necessary to maintain healthy and productive populations. While a number of governments have increased the proportion of total public expenditure allocated to health, African countries spend up to five times their health budgets on debt repayments.

The economic and health costs to Africa of the COVID-19 pandemic are unprecedented by any measure. With the death toll rising above 50,000 and more than two million confirmed infections so far, the continent has many reasons to be worried.

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