Africa African Union Angola Coronavirus Debt Economy Finance Government Health

Angola joins call for a moratorium on debt

The President of Angola joined the group of African and European leaders who signed a document calling for a moratorium on debt and the granting of programmes of economic and health assistance, due to the new coronavirus pandemic.

João Lourenço endorsed the document, signed by 17 other world leaders, which is the result of a decision, recently drawn up by African Heads of State and Government.

The signatories underline the need for an immediate moratorium on all payments of bilateral and multilateral debt, both public and private, until all outbreaks of the spread of the COVID-19 pandemic are under control.

The leaders appealed to governments, multilateral institutions, philanthropic organisations and non-governmental organisations, as well as private companies, to respond immediately to the call of the G20 and to unite efforts, without precedent, to consolidate the defences of the health care system in Africa.

The Angolan President is the 18th head of state to sign the document, of which Portugal, France, Germany, Italy, Spain, Netherlands, Ethiopia, Rwanda, Mali, Kenya, South Africa, Senegal, Egypt and the Democratic Republic of the Congo are also signatories, and the African Union, the European Commission and the European Council have also given their support.

Source: Macauhub

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