Amidst calls for debt relief to mitigate the socioeconomic consequences of COVID-19 in Africa, debt transparency has become an even more pressing issue, in view of the recent wave of debt suspensions under the Debt Service Suspension Initiative (DSSI) for the poor countries and calls for Private Sector Involvement (PSI).
The Debt Transparency Initiative launched by EMEA aims to enhance knowledge about debt related issues, particularly in low-income countries (LICs) and lower-middle-income countries (LMICs).
In line with Ayadi and Avougleas (2020), further debt transparency, via the implementation of a global sovereign debt registry, can reduce the risk of a messy and costly systemic debt crisis, ensure an orderly sovereign debt resolution, reduce the risk of an abrupt loss of market access and foster prudent management of sovereign borrowers, thus, limiting endemic corruption and enhancing sustainable growth.
EMEA at COP27, Days 6-7, 14th -15th November – EMEA fortifies partnerships at COP and showcases the INVESTMED project and TRIS model in two important events at the Mediterranean Pavilion
Posted 2 weeks ago
On 14 November 2022 the President of EMEA, Prof. Rym Ayadi, met with H.E Fathallah Sijilmassi, Director General of the African Union Commission…