The debt vulnerabilities of many African countries have increased due to repeated internal and external shocks, requiring a reconsideration of fiscal policy in the region. Without policy changes, the region’s public debt-to-GDP ratio will continue to trend upward, increasing by more than 10 percentage points over the next five years, crowding out private investment, increasing sovereign risk, and reducing countries’ human and capital resources. It would limit the ability to invest in resources. Protecting physical capital and responding to future shocks. The design of a credible medium-term fiscal strategy can help maintain fiscal sustainability and rebuild buffers while addressing regional development goals.
This year’s forum will discuss how to set fiscal targets and determine the pace and structure of potential adjustments, depending on each country’s specific circumstances. This discussion will also consider the role of institutions in addressing implementation challenges and how they can be strengthened.
**Watch the live stream of the event on this page. **
agenda
9am Washington DC | 1pm Abidjan | 2pm Brussels | 2pm Luanda | 4pm Nairobi
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9:00am – 9:10am |
Opening remarks |
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9:10am – 10:30am |
high level round table Moderator: Abebe Amuro SelassieIMF Africa Director Panelists: |
