Of recent, there have been reportsof booming economies in Africa, but analysts said economic growth is usually not visibly trickled down to the poor citizens of the continent. (Photo Credit: Forum de Banjul).
"Public debt, which stood at more than 80 percent of Gross Domestic Product (GDP) at the end of 2013, is projected to exceed 90 percent of GDP by the end of this year. The burden of government borrowing will exert further pressure on inflation, international reserves, and the exchange rate," IMF says.
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