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Stock impact report

20 Countries Most in Debt to IMF [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD) 
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
Company Research Source: Yahoo! Finance
Africa: One of the Most Indebted Regions Most of the highly indebted countries to the International Monetary Fund (IMF) belong to the African region. According to a report by the African Development Bank, Africa's real GDP growth fell to 3.2% in 2023 from 4.1% in 2022 due to multiple economic shocks. The economic shocks hindering the growth momentum of the African economy include long-term implications and geoeconomic fragmentation after the pandemic, the Russia-Ukraine conflict, and the recent geopolitical uncertainty in the Middle East. These external factors, coupled with the internal political instability and tight monetary and fiscal policies, resulted in slower growth rates than anticipated. However, despite the receding average growth in 2023, 15 African countries, including the Democratic Republic of Congo, Mauritius, Rwanda, Côte d'Ivoire, and Ethiopia, remained resilient with an economic expansion of more than 5%. If you want to read more about African countries, you can Show less Read more
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