JOHANNESBURG (Reuters) – China must do more to help ease the debt burden of African countries facing economic calamity as a result of the coronavirus pandemic, Ghana’s finance minister said.
Speaking with the Center for Global Development, Ken Ofori-Atta said Europe may also need to offer special drawing rights – a form of foreign exchange reserves managed by the International Monetary Fund – to shield Africa from commercial debt defaults.
(Reporting by Joe Bavier; editing by John Stonestreet)
