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With an ambitious development agenda to fund amid mounting debt, and under pressure from the IMF to rationalise revenues, the government aims to increase fiscal space with a set…
Uganda economic outlook.
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DOI: 10.1108/OXAN-DB236562
ISSN: 2633-304X
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The government has been on a borrowing spree, taking on increasingly expensive loans to address a cash crisis that has affected government service delivery and salary payments…
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DOI: 10.1108/OXAN-DB274317
ISSN: 2633-304X
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The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…
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DOI: 10.1108/OXAN-DB244145
ISSN: 2633-304X
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President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…
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DOI: 10.1108/OXAN-DB253837
ISSN: 2633-304X
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Nairobi cancelled a bond sale last year; it has 17 months to rebuild its credibility with investors before seeking to refinance a USD2bn Eurobond.
Prospects for Sub-Saharan African economies in 2023
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DOI: 10.1108/OXAN-DB274212
ISSN: 2633-304X
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Living standards are set to decrease further, with the number of Africans in poverty projected to rise for the first time in two decades. Current debt relief initiatives look…
The budget is built on unduly optimistic assumptions. Meanwhile, the Central Bank of Nigeria (CBN) is seeking loans to help clear foreign exchange (forex) backlogs while…
Zambian economic crisis.