Growing public debt burden, shrinking fiscal space leave Africa at crossroads: UNECA


  • World
  • Wednesday, 24 Apr 2024

ADDIS ABABA, April 23 (Xinhua) -- The growing burden of public debt due to climate-related disasters and the shrinking fiscal space because of increasing financing needs have put Africa at a crossroads, Claver Gatete, executive secretary of the United Nations Economic Commission for Africa (UNECA), has said.

The executive secretary made the remarks on Tuesday at the opening of the 10th Africa Regional Forum on Sustainable Development in Addis Ababa, the capital of Ethiopia.

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