African Economists Advocate for New Debt Restructuring Approach in Accra Declaration

In a bid to address the mounting external debt burden in Africa and pave the way for sustainable economic recovery and growth, African economists convened in Accra, Ghana, for a three-day international conference on the Africa debt crisis. At the conclusion of the conference, economists issued the Accra Declaration, calling for the development of an alternative debt restructuring template. The declaration emphasises the urgent need to redirect current debt burdens towards a more sustainable trajectory, fostering economic stability and development across the continent. News Central’s Adesewa Odusoga provides further insights into this pivotal call for action.