Debt-to-GDP ratio to hit 76.6 percent - The Times Group Malawi

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Debt-to-GDP ratio to hit 76.6 percent - The Times Group Malawi

Malawi risks having its debt-to-gross domestic product (GDP)- ratio soaring to 76.6 percent by the end of 2022, the World Bank estimates. The debt-to-GDP ratio compares a country’s sovereign debt to its total economic output for the year. It increased to 64.0 percent of GDP in 2021, up from 54.8 percent of GDP in 2020. …

The post Debt-to-GDP ratio to hit 76.6 percent appeared first on The Times Group Malawi.

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

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