As countries around the world fall into a recession due to the coronavirus, what effects will this economic downturn have on Africa? Brahima Sangafowa Coulibaly joins David Dollar to explain the economic strain from falling commodity prices, remittances, and tourism, and also the consequences of a recent G-20 decision to temporarily suspend debt service payments for Africa’s poorest countries. Coulibaly emphasizes that the G-20’s actions were an important first step, but more must be done to guarantee countries have the financial resources they need to fight the pandemic.
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