COVID-19:INTERNATIONAL DEBT RELIEF FOR AFRICA AND CHINA’S ROLE

• 作者: ZHOU YUYUAN
• 来源期刊: 当代世界:英文版
• 学科: 经济
• 关键词: COLLECTIVE DOUBT PREVENTION
• 年，卷（期）: 2020,（4）
• 页码范围: 32-35
• 页数: 4页
• 分类号: F11

摘要

The outbreak Covid-19 has a tremendous impact on the economy and livelihood of African countries.The epidemic prevention and control poses serious challenges to the limited financial resources of African countries.The public foreign debt of African countries amounted USD 583 billion,more than double of that in 2008.There are 18 countries in debt distress and faced with high risk according to IMF.In the context of the economic and financial difficulties in Africa caused by Covid-19,debt repayment pressure will undoubtedly further aggravate the plight of some African countries.In view of the important role of debt relief in the rapid release of liquidity,in order to support African countries as well as other developing countries to fight the pandemic,debt relief for Africa has quickly become an important consensus of the international community.Marked by the G20 Debt Relief Initiative,the international community's debt relief for Africa has been put on the agenda.China as an important stakeholder of African debt has been actively taking part in the international collective debt relief and making earnest efforts in exploring the use of bilateral means,thus playing an important role in the debt relief for Africa.