Maseru, Mar. 31 — While many African countries struggle with high debt burdens to the International Monetary Fund (IMF), some countries have distinguished themselves by managing their debt loads effectively.
By March 2025, Lesotho is top of the list of 10 African countries with lower debt to the IMF.
According to Business insider Africa, high IMF debt might limit African nations’ fiscal flexibility, undermine currency stability, and raise susceptibility to external shocks.
In contrast, nations with minimal IMF debt are better positioned to promote long-term growth and economic resilience.