African countries hit by commodity slump must ‘re-calibrate’ debt – IMF Africa chief

African countries hit by commodity slump must ‘re-calibrate’ debt – IMF Africa chief
“The share of resources that goes towards paying interest relative to tax revenues has been drifting upwards, so what is needed is more revenue mobilisation to try to mitigate that pressure,” he said. …
African countries hit by commodity slump must ‘re-calibrate’ debt – IMF Africa chief