And while wealthy countries are rolling out Covid-19 vaccines to large shares of their populations, Georgieva said only 0.6 percent of Africa's adult population has been fully vaccinated. "The warning signs are clear: a two-track pandemic is leading to a two-track recovery. Africa is already falling behind in terms of growth prospects," she said. In North Africa, debt rose about 12 percentage points to 88 percent of GDP. "Clearly, the best way to deal with debt is for economies to grow," Georgieva said.
Source: The North Africa Journal June 23, 2021 16:52 UTC