East Africa's rising debt could plunge region into crisis - report
The East African Community member countries’ total debt is unsustainable and could lead to a crisis, a new economic report warns.
The report by the Society for International Development (Sid) titled “The State of East Africa 2016: Consolidating Misery? The Political Economy of Inequalities”, notes that there is growing concern among economists that alarming debt levels could plunge the region into an avoidable crisis.
