Groups say nothing tangible achieved in tackling debt during SA's G20 presidency

Contributing sentiments towards policy:

60% : Groups say nothing tangible achieved in tackling debt during SA's G20 presidency The 165 civil society groups say restructuring processes are too slow and debt reductions are too shallow The G20 Trade and Investment Ministerial Meeting took place from 9 - 11 October at the Boardwalk Hotel and conference centre.
59% : "Restructuring processes are too slow, debt reductions too shallow and the sharing of responsibility between public and private creditors deeply unequal.
54% : Debt payments crowd out vital domestic resources The US is due to assume the G20 presidency on December 1, shortly after a leaders summit to be attended by US Vice-President JD Vance instead of Trump.
54% : Failure to address the debt challenges and offer low-income countries decisive debt reductions meant action to address climate change would remain "out of reach" for most countries.
52% : " Signed by the European Network on Debt and Development (Eurodad), Amnesty International, the Malala Fund and ActionAid International, among others, the letter lauded Ramaphosa's decision to make debt sustainability one of four priorities for SA's presidency, but said "so far nothing tangible let alone ambitious has been achieved".
51% : "Developing economies are currently experiencing the highest borrowing costs in nearly two decades while debt payments are crowding out vital domestic resources and diverting them away from development," the groups said.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.