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Should East African countries worry about rising debt?

Should East African countries worry about rising debt?

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Although debt levels in East African countries have risen over the past five years, they remain manageable, according to a recent UN report.

However, governments are being reminded that they will have to rely more on their own funds and less on foreign aid if they want to achieve the new Sustainable Development Goals (SDGs).

That recommendation has been made by the UN Economic Commission for Africa (UNECA).

Priscilla Lecomte asked UNECA senior economist Andrew Mold if East Africa’s rising debt levels are a concern.

Duration: 3’31”

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Photo Credit
UNECA/Priscilla Lecomte