Covid pandemic, war in Ukraine, galloping inflation, food insecurity… The succession of crises over the past three years has had a devastating effect on the least developed countries on the planet.
Double trouble, these shocks have, on the one hand, slowed down their development and the reduction of poverty and on the other, caused a surge in indebtedness.
The urgency of coming to their aid dominated the general meetings of the World Bank and the IMF last week in Washington, but is slow to materialize.
While official development assistance, focused last year on Ukraine, has declined in Africa, according to OECD data.
"
We must fight against the great divergence between developing and developed countries, reduce this major risk
", warned Bruno Le Maire.
In 2022, African public debt reached 56% of GDP, while the growth forecast for this year is lowered to 3.6% of GDP.
An insufficient threshold given the demographic pressure.
"
The debt...
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