May 27, 2016
Dr Adesina tells African Governments not to plunge into debt to meet fiscal obligations
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AFRICAN Development Bank (AfDB) has advised African states to avoid plunging into debt in a quest to meet fiscal obligations currently affected by low revenue on the back of falling commodity prices. AfDB president Akinwuni Adesina said a number of countries in Africa have in the past few years issued sovereign bonds amounting to US$26