South African President Cyril Ramaphosa, in his address at the World Economic Forum (WEF) in Davos, emphasized the need for global unity to address pressing issues like rising debt and climate change. Highlighting South Africa's G20 Presidency focus on solidarity, equality, and sustainability, Ramaphosa called for collaborative efforts to end conflicts and promote inclusive growth.
has urged nations to work together to tackle a multitude of challenges facing the global economy, highlighting rising debt and climate change impacts as burning issues.
He outlines South Africa’s focus as G20 President around the theme of solidarity, equality and sustainability, calling for collective efforts to rid the world of current conflicts causing untold pain and suffering to those affected.
“Countries in the global south face a lack of predictable financing development as well as climate change. they also face high levels of debt and they’re vulnerable to pandemics. debt sustainability for low-income countries is one of the four priorities of South Africa’s G20 Presidency. In the world we inhabit today, the pursuit of equality and the practice of solidarity cannot be separated from sustainable development.
He says South Africa offers numerous benefits to investors including political stability following the formation of the government of national unity .
GLOBAL COOPERATION ECONOMY CLIMATE CHANGE G20 SOUTH AFRICA
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