Ramaphosa calls for multilateral cooperation to address economic instability, rising debt, inequality, and climate change.
Governor of the South African Reserve Bank Lesetja Kganyago greets European Central Bank president Christine Lagarde during the G20 meeting at the Cape Town International Convention Centre yesterday. Picture: AFP
Addressing the G20 finance ministers and central bank governors in Cape Town yesterday, Ramaphosa said the gathering should forge consensus on actions to be taken to collectively build a resilient, sustainable and equal global economy. One of the greatest impediments to growth, development and stability was the persistence of inequality among countries.“As the G20, we need deliberate and coordinated efforts to focus on inclusive growth, based on responsive trade and investment – to grow the incomes of poor nations and the poorest in society.“For nations to flourish, equality and prosperity must be available to everyone – regardless of gender, race, religious beliefs or economic status.
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