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Arrears in Sub-Saharan Africa: Paying Bills on Time Matters

Arrears in Sub-Saharan Africa: Paying Bills on Time Matters

FromIMF Podcasts


Arrears in Sub-Saharan Africa: Paying Bills on Time Matters

FromIMF Podcasts

ratings:
Length:
16 minutes
Released:
Nov 1, 2019
Format:
Podcast episode

Description

The dramatic drop in commodity prices in 2014 has had lingering effects in sub-Saharan Africa. One such effect is a growing backlog of payments by governments to service providers, known as arrears. But despite the prevalence of arrears in the region, their causes and consequences are not well understood. The latest Regional Economic Outlook for sub-Saharan Africa looks at the economic and social impact of increasing arrears in recent years. In this podcast, IMF economists Samuel Delepierre and David Stenzel say domestic arrears can undermine private sector activity and citizens’ trust in the government.
Released:
Nov 1, 2019
Format:
Podcast episode

Titles in the series (100)

Listen to the World's top economists discuss their research and deconstruct global economic trends.