Page content
Why Africa Experts Panel want New G20 Debt Refinancing Initiative
A panel of Africa experts have called on the Group of 20 major economies to team up with the International Monetary Fund (IMF) and Others to launch a new debt refinancing plan for low-income countries hit by heavy debt repayments. The panel in a report released in Johannesburg ahead of the G20 summit in South Africa this weekend, stated that: “This proposal would focus on refinancing rather than rescheduling debt obligations” [...]