Guterres: Africa goes through “perfect storm” and calls for debt relief

9
Guterres: Africa goes through
Guterres: Africa goes through "perfect storm" and calls for debt relief

Africa-Press – Botswana. The Secretary-General of the United Nations (UN), António Guterres, said that African countries are going through the “perfect storm”, referring to the accumulation of several crises, having called for debt relief for these States.

Asked by Lusa about the situation that African countries are going through, in a ‘briefing’ to the press in New York, Guterres defended that he has positioned himself in favor of developing countries, namely African countries, since most of them suffer on several fronts, from the covid-19 pandemic, through climate change, to the impacts of the war in Ukraine.

“Most of these countries are facing a ‘perfect storm’, a ‘perfect storm’ if translated literally into Portuguese. Many of these countries did not have vaccines (from Covid-19) in time”, he said.

According to Guterres, “the funds that – in Europe and the United States – it was possible to mobilize, printing money, these developing countries failed to do, otherwise their currencies would immediately devalue in an unacceptable way.”

Referring to the pandemic period, Guterres regretted that there was no debt relief in Africa, which accentuated the continent’s problems.

For More News And Analysis About Botswana Follow Africa-Press

LEAVE A REPLY

Please enter your comment!
Please enter your name here