Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
After a new tax increase incited weeks of deadly riots in Kenya early this summer, President William Ruto announced that he was reversing course. He abandoned the finance law he had proposed, and then he shook up his cabinet.
Last week, the government reversed itself again. The newly appointed finance minister announced that some of those discarded tax increases would be reintroduced.
Photo courtesy of Ketut Subiyanto.
Source: The New York Times (link opens in a new window)
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