Africa | Pandemic-era debt: short-term outlook and implications

Necessity and opportunity allowed African issuers to expand their public debt positions markedly since the Covid-19 pandemic hit. The sharp deteriorations in fiscal finances risk however line up with a souring in external conditions.

What you will learn:

  • Which countries posted sharp deteriorations in fiscal finances risk since the pandemic struck.
  • The external conditions which may contribute to a souring funding backdrop.
  • Rotation in the growth burden to private sector consumption - is Africa ready to take the baton and carry growth momentum forward?

Topics: Coronavirus, Balance sheet risks, Global financial flows, Financial risks, Africa, Recovery, Public debt