US EditionBreaking the Cycle of African Debt | by Olusegun Obasanjo - Project Syndicate
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Breaking the Cycle of African Debt | by Olusegun Obasanjo - Project Syndicate
As it stands, African countries often have little choice but to borrow at punitive rates to respond to crises they did not create. A revamp of the global lending system – which delivers debt relief and improves borrowing conditions for developing economies – is urgently needed.
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