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TimesLiveTimesLive02/09/2025
POSITIVE

Parliament backs debt-relief agenda for SA’s G20 presidency

Parliament backs debt-relief agenda for SA’s G20 presidency

Executive Summary

South Africa has proposed establishing a G20 commission to address debt sustainability in developing economies, aiming to accelerate progress toward sustainable development goals amid UN reports indicating only 15% of targets are on track. Parliament’s portfolio committee on international relations confirmed the initiative during a media briefing but offered no details on its mandate, budget, or integration with existing mechanisms, while highlighting priorities like inclusive development for women, girls, people with disabilities, domestic resource mobilization, and curbing illicit financial flows. The proposal aligns with the G20 Presidency’s theme of solidarity, equality, and sustainability, emphasizing Africa’s needs. It seeks to ensure a successful summit with lasting legacies benefiting South Africa and the continent through enhanced public engagement.