Prime Minister Abiy Ahmed wrote a piece on ‘Bloomberg’ arguing for debt relief measurements to help Africa survive the effects of COVID-19 pandemic. In line with his call for financial support for Africa from the international community, in his recently published article on ‘FINANCIAL TIMES,’ the Premier reiterated: “Africa needs an immediate emergency fiscal stimulus worth $100 billion in addition to the International Monetary Fund’s already programmed $50 billion of regular support to tackle the crisis.” Noting that the ongoing crisis will not be short-lived, Abiy underscored the need to have additional support to Africa over the next two to three years from the International Community. He argued that without a vast restructuring of debt, all the continent’s recent gains will be wiped out. Please click here for more: https://bloom.bg/3b8ZFVb
