JOHANNESBURG - South Africa has proposed the establishment of a Cost of Capital Commission during its G20 Presidency.
This would be to address the African continent's high debt burden.
A lot of low-income nations are either at high risk of debt distress or already in debt distress.
SA proposes debt relief review
As the quest to resolve the global debt crisis goes on...
A team of experts has been established to bring this to action, while building a more inclusive and equitable international tax system.
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This is according to Secretary-General of the United Nations, António Guterres.
He says former finance minister, Trevor Manuel is among the appointed experts.
Quest to address global debt crisis