G-20 Negotiators Back South Africa’s Push to Tackle Continent’s Debt
- South Africa has made easing debt its G-20 leadership priority
- It also wants a cost of capital commission established
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Negotiators for the world’s largest economies reached broad consensus to back South Africa’s G-20 priorities, including addressing the worryingly high debt of African nations.
The negotiators known as sherpas concluded the second day of meetings Tuesday that marked the start of South Africa’s Group of 20 presidency, which it took over on Dec. 1 from Brazil.