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Poor debt data, weak oversight threaten Africa’s debt management — Experts

Poor debt data, weak oversight threaten Africa’s debt management — Experts

By GhanaSummary NewsroomNigeria

From left: Senator Okoiti Andrew Omtatah, Parliament of Kenya; Donald Deya, Chair of the Stop the Bleeding Campaign and CEO of the Pan-African Lawyers Union (PALU); Chenai Mukumba, Executive Director, Tax Justice Network Africa (TJNA); Janet Zhou, Executive Director, African Forum and Network on Debt and Development (AFRODAD); Memory Kachambwa, Executive Director, African Women’s Development and Communication Network (FEMNET); Dr Patrick Ndzana Olomo, Acting Director, Economic Development, Integration and Trade, and Head of Economic Policy and Sustainable Development, African Union Commission; and Prof.

African countries need better systems for tracking public debt and stronger parliamentary scrutiny of government borrowing, said some development experts said on Wednesday.

AU debt framework The discussions are taking place as African governments begin working on the implementation of the Common African Position on Debt, adopted by African heads of state and government in February.

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