Communiqué – African Ministers of Finance – Immediate call for $100 Billion support and agreement the crisis is deep and recovery will take much longer

“The Ministers emphasized the heavy toll that the global economic slowdown will have on the African economy, with urgent need for fiscal stimulus to contain the crisis… They therefore called for the urgent and immediate release of the US$ 100 billion of which US$ 44 billion will go towards debt relief for all African countries.”