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Africa Needs $150 Billion in Emergency Funds, Ethiopian PM Says

07:22 25 March 2020 Author :  

Ethiopian Prime Minister Abiy Ahmed called on G-20 leaders to assist Africa with $150 billion in emergency funding and write off or convert debts of low-income countries.

The coronavirus “poses an existential threat to the economies of African countries,” Abiy said in a statement Tuesday. “Ethiopia proposes all interest payments to government loans should be written off.”/Bloomberg

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