While the region did not go through a recession in 2020, borrowing for COVID-19 pandemic containment measures has significantly increased public debt in the 13 countries including Uganda.
Three of the 13 countries in the region are in debt distress and 5 countries are at high risk of external debt distress.
Dr Louis Kasekende MEFMI Executive Director there is need for strategies to manage public debt in 13 countries in Eastern Africa
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