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Vol 61 No 8

Published 16th April 2020

Hard bargaining ahead on debt and public health

Inward-looking industrialised countries are making few concessions as pandemic bites harder across Africa

Backed by forecasts from the World Bank and UN agencies of a deep recession, African finance ministers are to push next week for a coordinated response on public health funding, economic stimulus and debt relief at a succession of international gatherings. Key to their demands is the setting-up of a common forum for the management of debt obligations, something many creditors are resisting behind the scenes.

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