By Anna Tibaijuka
In last week’s first article of this series, I argued that national debt is neither inherently good nor inherently bad. Countries borrow for development and borrowing can help finance infrastructure, industrialisation and economic transformation when managed prudently.
The real question is whether debt remains productive and sustainable over time. Tanzania’s current debate on debt must therefore move beyond slogans toward a closer examination of what the numbers actually reveal about the country’s fiscal reality.
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