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Can WAEMU’s GDP rebasing hide West Africa’s mounting debt pressures forever?

A beach scene in Lome, Togo. Photo by Muhammad-Taha Ibrahim @ Unsplash
A beach scene in Lome, Togo. Photo by Muhammad-Taha Ibrahim @ Unsplash

Brandon Orion Mensah

Brandon Mensah tracks Africa’s markets, uncovering the forces shaping investment, policy, and financial trends.
  • GDP rebasing improves debt ratios without reducing debt.
  • Debt servicing remains WAEMU’s biggest fiscal vulnerability.

 

LOMÉ, TOGO – West Africa’s latest wave of GDP rebasing is set to improve government debt ratios, but economists warn it will do little to ease the region’s mounting debt-servicing burden.

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