STv News Debt Stock: IMF Wants African Countries To Adopt New Mgt Strategies 161019

THE INTERNATIONAL MONETARY
FUND SAYS IT
IS WORRIED ABOUT
THE GROWING DEBT
STOCK OF AFRICAN
COUNTRIES.

IT IS THEREFORE
RECOMMENDING THAT AFRICAN
COUNTRIES ADOPT PRUDENT
MANAGEMENT STRATEGIES TO
AVOID STABILITY RISKS.

IMF’S FINANCIAL COUNSELLOR
AND DIRECTOR, MONETARY
AND CAPITAL MARKETS,
TOBIAS ADRIAN MADE
THE ASSESSMENT WHILE
GIVING AN UPDATE
ON THE GLOBAL FINANCIAL
STABILITY REPORT AT
THE ONGOING IMF/WORLD
BANK SPRING MEETINGS
IN WASHINGTON DC.

BUSINESS CORRESPONDENT CHINAEMEREM JOSEPH TELLS US MORE.

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