The Shanghai Institute of International Studies (SIIS), a research organization for international policy studies, has emphasized the need for constant discussion to deepen understanding of the African debt problem. Chen said: “The international community has provided positive support to African countries through many agendas and initiatives. Gregory Graysmith, emerging markets fund manager at M&G Investments, identified the need to prioritize the overall debt situation in African countries. According to him, this could provide a new perspective for China to participate in African development and support African countries in coping with debt challenges. However, he argued that African debt relief required all relevant parties to balance the relationship between short-term emergency relief and long-term debt governance.
Source: The Guardian July 16, 2022 13:05 UTC