US EditionNamibia: NNN Warns G20 On Global Inequality
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2 Articles
Namibia: NNN Warns G20 On Global Inequality
President Netumbo Nandi-Ndaitwah on Saturday told world leaders at the G20 Summit in Johannesburg that the current global financial system is worsening poverty and threatening economic stability, urging major economies to reform debt rules and ensure fairer development for all.
November 20, 2025 — The fortune of the billionaires of the G20 countries has increased by $2200 billion in just one year, which would have been enough to get 3.8 billion people out of poverty, reveal data compiled by Oxfam in the run-up to the G20 summit in South Africa. The South African presidency of the G20, which has made the fight against inequality a central theme this year, commissioned the first-ever G20 analysis on inequality to advise …
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