SPEECHES

Governor’s Statement – 2024 African Consultative Group Meeting With IMF Managing Director

Governor’s Statement – 2024 African Consultative Group Meeting With IMF Managing Director

Let me first express my heartfelt gratitude to the Managing Director, Madam Kristalina Georgieva, for your excellent leadership, and your strong support for Africa. Madam MD, Africa continues to face complex challenges against the backdrop of successive shocks, manifesting in a subdued post-pandemic recovery, elevated debt distress, and a persistent funding squeeze, that have amplified income divergences and undermined the achievement of sustainable and inclusive growth.