African governments Challenged To Rethink Fiscal Policy As Part Of Economic Recovery

AFRICAN governments have been challenged to rethink revenue mobilisation strategies as the impact of the Covid-19 pandemic continues to exacerbate debt stress levels across the continent. This was said during the Plenary Session of the African Economic Research Consortium (AERC) Biannual Research Workshop held under the theme of “Covid-19 Pandemic and Public Finance in Africa: Challenges and Opportunities”, on Monday 31st May 2021. Staff Reporter Speaking at the event, World Bank Group Vice President and Chief Economist Prof. Carmen Reinhart said most economies across the world, inclusive of several African…

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