AFRICANS SHOULD ‘REWRITE GLOBAL RULES’
Nov 17th, 2008 by admin
The African Union is demanding Africans have a say in any world financial reforms that affect the continent. The demand comes after the world’s economic powers, the G20, ended a summit in Washington to discuss the global financial crisis. The chairman of the AU commission, Jean Ping, said world powers tend to take decisions for Africa and impose a model on them without listening to their demands. Ping was speaking at an event organised by the European Commission, which brings together players in the development community. Leaders from the world’s 20 economic powers agreed at their Washington summit on an action plan to restore global growth and prevent future financial turmoil while promising new spending plans, a trade deal and a set of reforms.
