President Muhammadu Buhari has urged leaders of the Global South to agree on a common agenda to reduce the increasing burden of debt and inflation on that region of the world. The President said that the huge debt burden has significantly derailed many countries’ development plans, with the effect of the COVID-19 pandemic as well […]
President Muhammadu Buhari has urged leaders of the Global South to agree on a common agenda to reduce the increasing burden of debt and inflation on that region of the world. The President said that the huge debt burden has significantly derailed many countries’ development plans, with the effect of the COVID-19 pandemic as well…
The President said that the huge debt burden has significantly derailed many countries’ development plans, with the effect of the COVID-19 pandemic as well as the Russia-Ukraine conflict further aggravating the situation. “I would urge India to further intensify efforts to facilitate the flow of Foreign Direct Investment to the Global South using its leverage as President of G20,” Buhari said.
He hailed India’s emergence as voice of the Global South, considering the role the country played during its two-year term at the United Nations Security Council and the humanitarian gesture it extended during the COVID-19 pandemic.
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