Eric LeCompte, Executive Director of Jubilee USA was recently featured in Reuters speaking on the G20 Ministerial Declaration on Debt Sustainability,  Africa Engagement Framework and beginning of the US G20 presidency. Read the excerpt below and follow the link to full article.

South Africa's G20 debt focus to be tested as US takes the chair

By: Colleen Goko

"South Africa tried to reinvigorate efforts during its year as G20 chair. The group's finance ministers issued a stand-alone Ministerial Declaration on Debt Sustainability – the first since the pandemic - and committed to strengthening the Common Framework.

The framework has delivered debt treatments to four nations — Chad, Zambia, Ghana, and Ethiopia — since its launch.

Eric LeCompte, executive director of development group Jubilee USA Network, said this showed the limitations.

But he said the agenda of the United States, which will lead the G20 until late 2026, included addressing debt challenges, boosting economic growth and expanding job creation - offering some continuity.

LeCompte said the G20 Africa Engagement Framework, launched in October by its finance ministers to address hurdles to growth and development on the continent, marked an accomplishment.

It will deal with issues "from economic growth to debt and financing to development to anti-poverty initiatives to creating jobs across the continent," said LeCompte."

Read more here.