Sauti Ya Bajeti - PFM Truth
Sauti Ya Bajeti - PFM Truth
February 18, 2025 at 07:40 AM
*Debt Diaries: The Rising Burden of Public Debt in East Africa* On today’s episode of the PFM Update, *we’re diving into a topic that’s shaping the future of East Africa—public debt!* Picture this: *You wake up one morning to find your country drowning in debt, your taxes skyrocketing, and investors fleeing like it’s the last train out of town* . Sounds dramatic? Well, *it’s closer to reality than you think!* The East African Community (EAC) is walking a tightrope— *balancing infrastructure dreams with mounting debt burdens* . In just a decade, *debt levels have more than doubled, with some countries borrowing at breakneck speed* . But what does this mean for you? Higher prices? Slower economic growth? A future mortgage on prosperity? In this special feature, *we break down the numbers, expose the risks, and uncover the policies that could pull the region back from the brink. Buckle up, because this is not just an economic debate—it’s a financial survival guide for East Africa’s future!* Let’s get into it. https://ipfglobal.or.ke/wp-content/uploads/2023/10/Policy-Brief-1-Evolution-of-Public-Debt-in-EAC-1.pdf
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