Africa’s COVID-19 Budget Crunch
The coronavirus will challenge African economies already saddled with debt, shrinking budget revenue, and compromised health systems. A continent-wide approach that applies lessons learned in Liberia during the Ebola outbreak and elsewhere during the current pandemic will be needed to prevent fiscal ruin.
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PRETORIA – As COVID-19 crisscrosses Africa, and policymakers are implementing emergency responses, World Health Organization Director-General Tedros Adhanom Ghebreyesus has issued a clarion call to African governments: “In other countries,” he said in March, “we have seen how the virus actually accelerates after a certain tipping point, so the best advice for Africa is to prepare for the worst and prepare today.”