drapeau loader

G20 finance meeting ends without consensus or communique

South Africa voiced dismay that G20 talks it hosted on global economic issues ended without consensus, after top officials from several countries skipped it and delegates remained far apart on issues such as climate finance. The two-day meeting of finance ministers and central bankers in Cape Town failed to come up with a joint communique. However, a "chair's summary" issued by the host said participants "reiterated the commitment to resisting protectionism". South Africa had hoped to make the G20 a platform for putting pressure on rich countries to do more to tackle climate change, to give more towards poorer countries' transitions to green energy and to reform a financial system that favors investment banks at the expense of poor sovereign debtors.

Image
Next Africa: can south africa’s G20 stand up to trump?
Image
Why does africa need an independent credit rating agency?
Image
Next Africa : l'Afrique du Sud peut-elle faire face à trump au G20 ?

I am interested in getting in touch with Casablanca Finance City

Office

What’s up in CFC?