African Ministers call for additional financial support

A unanimous call for additional liquidity, $500-billion in special drawing rights (SDR), better market access, more concessional resources and an extension in the Debt Service Suspension Initiative (DDSI) was issued following a meeting between representatives from the Economic Commission for Africa (ECA), the International Monetary Fund (IMF) and African Ministers in charge of finance. The virtual meeting, which was convened by the ECA and IMF on February, was attended by various African Ministers, as well as ECA executive secretary Vera Songwe and IMF MD Kristalina Georgieva.

from Engineering News | Home https://ift.tt/3jygspN