Africa should set COVID-19 recovery milestones now - Vera Songwe
"We are yet to know how long the COVID-19 crisis will last, but we need to set the milestones for recovery now" said UN Under Secretary General and Executive Secretary of ECA Vera Songwe on Tuesday June 2, at a webinar on "Rethinking the economy and academic paradigms in post-COVID19 Africa". Africa was already witnessing the economic impact of the COVID-19 crisis even before its impact on public health and may see its growth slow down by 1.8 to 2.6% of GDP, which could push 29 million people into extreme poverty. Containment measures established in 42 countries to protect populations have already cost the region some 69 billion dollars per month and are expected to have a negative impact on the implementation of the SDGs in the region. "Digitalization offers us tools which allow us to provide courses, strengthen research and South-South links as well as open up intra-African borders", said Professor Moulay Lhassan Hbid, President of Cadi University Ayyad, who highlighted the crucial role of digitalization in the future of the African economy. Present at the webinar were economists from Algeria, Cameroon, Congo, Ivory Coast, Morocco, Senegal and the African Union.
| Format: | Press release biblioteca |
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| Language: | eng |
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2020-06
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| Online Access: | https://hdl.handle.net/10855/44911 |
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