US EditionRamaphosa Urges G20 to Prioritize Global Inequality as Core Economic Issue
South Africa’s G20 Presidency highlights global inequality with 74% of wealth held by richest 10%, urging reform of financial systems and collective global action.
- President Ramaphosa said South Africa's G20 Presidency presents an opportunity to advance the common good by tackling inequality, promoting sustainable development, and ensuring justice for all.
- President Ramaphosa has called for a renewed global spirit of solidarity, equality, and shared humanity to confront the world's growing social, economic, and environmental challenges.
- President Ramaphosa highlighted that South Africa has already implemented several measures aligned with the report's proposals, including progressive taxation, a national minimum wage, subsidised healthcare, zero-rated essential food items, and a robust social protection system.
6 Articles
6 Articles
President Ramaphosa calls on G20 to reduce global inequality
Pretoria, Nov 10 (rensa Latina) South African President Cyril Ramaphosa today urged the Group of 20 (G20) to act urgently to significantly reduce global inequalities that threaten global stability and prosperity.
Ramaphosa links debt reform to global inequality fight – The Mail & Guardian
President Cyril Ramaphosa says South Africa will use its G20 presidency to press for reform of the global financial architecture, including measures to promote debt sustainability for developing economies. In his weekly newsletter on Monday, Ramaphosa warned that the burden of sovereign debt repayments, particularly in Africa, is stifling public spending and widening inequality. Ramaphosa made the comments after being handed a report last week …
South Africa: G20 Leaders Urged to Act Decisively to Tackle Global Inequality
[SAnews.gov.za] President Cyril Ramaphosa says if the Group of 20 (G20) is to live up to its mission of addressing the world's most pressing economic and financial challenges, it must "significantly and urgently reduce inequality".
‘Unjust’ global inequalities: Ramaphosa issues warning ahead of G20
As Johannesburg readies to host the upcoming G20 Summit, President Cyril Ramaphosa has renewed his call for world leaders to address global inequality. In his weekly newsletter, Ramaphosa highlighted that the stark divide in global wealth fuels instability, drives conflict, and undermines democracy. He said that for the G20 Summit to fulfil its mission of addressing global economic and financial challenges, reducing inequality must be a priority…
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