Sovereign debt levels and debt servicing costs would continue to rise steadily in sub-Saharan Africa (SSA) in 2016 and 2017, Fitch Ratings agency warned on Friday. It said the median general government debt-to-GDP ratio for the region rose from 30.2% in 2011 to 49.7% last year.
Source: www.engineeringnews.co.za
Debt set to remain on the rise in sub-Saharan Africa – Fitch
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