5th Ordinary Session of the Specialized Technical Committee on Finance, Monetary Affairs, Economic Planning and Integration. | African Union

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The African Union STC on Finance, Monetary Affairs, Economic Planning and Integration will discuss; -State of Africa's Debt -Emerging frameworks for debt restructurings -Strategies for debt sustainability -Common African Position on debt problem. Details-

5th Ordinary Session of the Specialized Technical Committee on Finance, Monetary Affairs, Economic Planning and Integration.

Make concrete recommendations on policy, regulatory and institutional frameworks for establishing an African debt observatory; and2. Rising influence of Credit Rating Agencies The 2019 STC for Finance, Monetary Affairs, Economic Planning and Integration held in Yaoundé, Cameroun, made several recommendations, including the urgent need to establish an African Credit Rating Agency and this important initiative is being driven by the APRM Secretariat, which is an organ of the African Union. More recently, H.E. President Macky Sally, and Chairperson of the African Union pronounced himself on the need to create a Pan-African Credit Rating Agency.

The main objective of the 2022 STC on Finance, Economic Planning, Monetary Affairs and Integration is to deliberate on, among other things, issues relating to increased access to capital, rising debt, and increasing influence of credit rating agencies in Africa.

 

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China should forget debt to Africa! They took from Africa commodities without paying market prices! China has to forget and restructure Africa debt! They already got paid with commodities bought cheap! Money has already been taken from African people!

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The African Union, is treating the problems of Socio-economic and Financial basis from the 'roof'!! The biggest debt problem of African Countries is the absence of the African Central Bank and the African Unified Currency Money Printing. This is what should be the central theme

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Long Voyage to the ' United States of Africa (USAFRI)...Les États-Unis d'Afrique '

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