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Thursday 24 June 2021

WTO Chief, Okonjo-Iweala warns Nigeria, other Africans on danger of rising debt profile

WTO Chief, Okonjo-Iweala warns Nigeria, other Africans on danger of rising debt profile: Okonjo-Iweala observed that the current debt burden pre-dated COVID-19 but was worsened by the pandemic. Noting that “prevention is better than crisis management”, she warned that Africa could not afford to fall into a debt trap again.

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