Africa's Debts Relief Request At Advanced Stage
Africa's Debts Relief Request At Advanced Stage

Africa's Debts Relief Request At Advanced Stage

Prashant Trivedi

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President Muhammadu Buhari says efforts to get debt relief for African countries and Special Drawing Rights of about $650bn, especially with the impact of the COVID-19 pandemic, have reached an advanced stage. <br />Buhari says over 30 million jobs had been lost since the pandemic, with about 26 to 40 million people going into extreme poverty. <br />The President pointed out that the post-pandemic stimulus package for Africa must go beyond individual efforts by the countries.<br />He added that there is a need for increased collaboration and integration of efforts to drive sustainable economic growth and recovery across the continent. <br />He says African parliaments have a particular role to play aside from the fact that they have been charged to make laws.