Home / headlines / IMF chief: ‘We ought to support Africa in this genuinely historic moment’

IMF chief: ‘We ought to support Africa in this genuinely historic moment’

Leaders from more than a dozen African countries will attend a summit in Paris from Monday to discuss their financial needs after the Covid-19 pandemic. Ahead of the gathering, the head of the International Monetary Fund, Kristalina Georgieva, has told FRANCE 24 the international community must step up efforts to ensure a « dangerous divergence » of fortunes between advanced and developing economies is avoided. « This divergence would mean more insecurity, more instability and lost opportunities for the world economy to grow, » she warned.

About admin

Check Also

South Africa’s ANC loses case against Zuma

In tonight’s edition: A high court judge has dismissed the case brought by South Africa’s ruling …