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By Vera SONGWE Across Africa, debt restructuring continues to dominate the policy agenda. Swings of over US$11 billion in the debt-service positions of Ethiopia and Ghana underscore why: With restructuring negotiations often lasting years, countries remain vulnerable to external shocks and their resilience depends significantly on the currencies with which they operate. Ghana’s cedi appreciated […]
The post Timing Africa’s debt restructuring appeared first on The Business & Financial Times.
Source: thebftonline.com
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