G20
Business · 2 min read
African finance ministers push back as IMF warns on debt and austerity
The IMF's upcoming World Economic Outlook report highlights a growing debt crisis in Africa, where debt servicing consumes up to half of tax revenues. While the IMF urges fiscal discipline, African finance ministers call for faster debt restructuring and relief to avoid worsening social unrest.
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Africa Global · 6 min read
African Union Names Fathallah Sijilmassi G20 Envoy for Debt and Climate Talks
The African Union has appointed Fathallah Sijilmassi as special envoy for G20 and global affairs. His task is to help turn shared African priorities into coordinated positions, under the AU G20 Sherpa.
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