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Maroc Maroc - iafrica.com - A La Une - 17/Aug 06:20

Three-quarters of African Governments are Tightening their Belts

Africa has been through painful bouts of austerity before, with damaging effects on health and education. The IMF examined 82 instances of African governments reducing deficits between 1980 and 2021. About a quarter of the adjustments came from tax rises, and three-quarters from spending cuts. But this time governments plan to have an even split.… 

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