The smart step to fight the virus
With Covid-19 bringing economic activity to a halt across much of the world, there is wide recognition that some of the most vulnerable nations will have a hard time covering their debt payments. When finance ministers of the G20 nations agreed this week to freeze debt repayment for the world's poorest countries, it was a step in the right direction.
But in Africa, the entire continent deserves solidarity and smart debt relief -- and it needs it now.
While we eagerly welcome debt relief for Africa's lower-income nations, the region's middle-income countries -- like Kenya, Seychelles and Tunisia -- also need relief at this unprecedented time.… Seguir leyendo »