May 27, 2016
Dr Adesina tells African Governments not to plunge into debt to meet fiscal obligations
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