IMF Calls on African Nations to Increase Taxes and Cut Fuel Subsidies Despite Public Backlash

IMF urges African governments to raise taxes and cut fuel subsidies, despite protests against such austerity measures.

High debt service costs are squeezing public spending on health, education, and investment in Africa.

Countries like Angola and Kenya are making painful budget cuts amid economic shocks.

Interest payments have grown faster than health and education spending over the last decade in Africa.

Some countries like Zambia are removing fuel subsidies despite protests, to free up money for priorities like education.