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Africa should increase development spending to boost economic recovery | United Nations Economic Commission for Africa

Addis Ababa, 2 February 2023 (ECA) - On the back of multiple crises to hit African economies, governments should increase development spending to stimulate fast and sustained recovery, the Economic Commission for Africa (ECA) has urged.Launching the World Economic Situation and Prospects 2023 (WESP) report in Addis Ababa this week, Mr.

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Africa Wants IMF Special Drawing Rights Re-Allocated for Development

African countries could benefit from the reallocation of Special Drawing Rights (SDR), financial instruments of the International Monetary Fund (IMF).

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Special Drawing Rights

African countries, many reeling under high debt and experiencing economic recession, could benefit from the reallocation of Special Drawing Rights (SDR), financial instruments of the International Monetary Fund (IMF).

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Africa s Quest to Mobilize Domestic Resources - Capital Newspaper

Africa s Quest to Mobilize Domestic Resources - Capital Newspaper
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Special Drawing Rights must be re-allocated to avail sustainable financing for Africa | United Nations Economic Commission for Africa

Addis Ababa, 21 December 2022 (ECA) - There is a need for the re-channeling of Special Drawing Rights (SDR) to help crisis-hit African countries access sustainable financing to boost economic stability and growth.In opening remarks at the Policy Dialogue on Special Drawing Rights (SDRs), Economic Commission for Africa (ECA) Director for the Macroeconomics and Governance

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