President Uhuru Kenyatta has emphasised the need for global solidarity in response to the Covid-19 pandemic.
The President spoke on Thursday evening during a virtual high-level meeting on development financing in the wake of the Covid-19 pandemic convened by Canadian Prime Minister Justin Trudeau, his Jamaican counterpart Andrew Holness and United Nations Secretary-General Antonio Guterres.
President Kenyatta told the meeting attended by a cross-section of world leaders that the current health crisis will constrict global growth this year leading to financial market volatility and increased debt risk, especially in developing countries.
Specifically, he advised world leaders to concentrate on expanding global liquidity, addressing debt vulnerability, especially for developing nations, and enhancing external financing to ensure inclusive growth and continued job creation.
Speaking on behalf of the African Union, South African President Cyril Ramaphosa said Covid-19 is a real threat to the collective ability of the global community to achieve SDGs, especially so for developing countries.
