Ghana, Burkina Faso, Ivory Coast and Guinea are among 34 African countries on the World Bank and IMF’s heavily indebted countries’ list, according to data obtained by Business Insider Africa.
The heavily indebted poor countries’ list is a joint initiative by the World Bank and the International Monetary Fund (IMF) which was launched in 1996.
According to information obtained from the IMF fact sheet, the aim of the initiative is to ensure that no poor country in the world ever faces a debt burden it cannot manage.
Atiewin Mbillah-Lawson
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