In this episode, we are talking about government debt. We will cover this by answering a few questions: why do we borrow? Who decides how much we can borrow? Who approves it and when is this done? We will also cover some of the impact of borrowing and accumulating debt and finally how can we plug in?
Here are some useful links for this topic:
Structural Adjustment Programmes (SAPs) and Public Social Spending by the Social Watch: https://www.socialwatch.org/node/10596
President Uhuru Kenyatta talking about debt: https://www.youtube.com/watch?v=frhaDU0Ccdk
IMF’s Structural Adjustment Programs Weaken States They Aim to Strengthen: https://www.youtube.com/watch?v=nGsJJaG6k4Y
Deficit and Debt: Crash Course: https://www.youtube.com/watch?v=3sUCSGVYzI0
A link to examples of the Medium Term Strategy Papers: https://www.treasury.go.ke/medium-term-debt-management-strategy/
The best and the worst of structural adjustment programmes in Africa: https://www.academia.edu/1528946/The_Best_of_Times_and_the_Worst_of_Times_Structural_Adjustment_Programs_and_Uneven_Development_in_Africa_The_Case_Of_Ghana
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