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.
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.