Malawi debt hits 54% of GDP

From Face of Malawi Fri Nov 23 2012, 02:49:10

The massive devaluation and subsequent depreciation of the kwacha has resulted in the country's total debt stock swelling to 54 percent of the Gross Domestic Product (GDP), the Ministry of Finance has said. According to Malawi's Annual Debt Report released by the Debt and Aid Management Division of the Ministry of Finance, as of end [...]

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