IMF / 9th African Fiscal Forum




02 Mar 2021


Washington DC, United States



IMF / 9th African Fiscal Forum

1. Wide shot, IMF building exterior
2. Wide shot, IMF logo on building

2 March 2021, WASHINGTON DC

3. SOUNDBITE (English) Kristalina Georgieva, Managing Director, IMF
“We are in this together. What it meant for us in the Fund is very swiftly to step up support for countries because it was clear that financial lifelines for countries that do not have the same or any access to markets is going to make a huge difference, and we have done in sub-Saharan Africa somewhere between 13 and 16 times more than we normally would do in an average a year, depending on which count of countries one takes. And I believe very strongly that 2021 is going to be equally important and difficult year, and we would need to strive to build forward our economies,”

4. SOUNDBITE (English) Amadou Hott, Minister of Economy, Planning, and Cooperation, Senegal
“We have to make some difficult choices. One of the biggest the difficult choice, I would say, is really the arbitration to postpone some of the investments that we were supposed let's say to do in 2020 and we decided to postpone to create the fiscal space necessary to deal with the consequences of the pandemic,”

5. SOUNDBITE (English) Vera Daves de Sousa, Minister of Finance, Angola
“We work a lot. I think we take advantage of this crisis. We see it as an opportunity. We take this opportunity to increase the digitalization of the process, making the public administration more efficient. We still have some challenges regarding the schools, the digitalization of the schools to make sure that even with the lock down and the kids still having access to education, we need to keep working on that. And we had also the opportunity to identify our vulnerabilities, the vulnerabilities on our health system. We addressed some of them, but we still have some vulnerabilities to address. The challenge now is how to manage all these challenges with the limited fiscal space that we have,”

6. SOUNDBITE (English) Kristalina Georgieva, Managing Director, IMF
“I am optimistic about Africa's future. Why? Because it is youthful continent where leaders stepped forward in so many places and some of these leaders are on this call, but Africa would succeed only if Africa believes in itself enough to be fully transparent on every possible issue with the rest of the world,”


7. Wide shot, IMF logo on building
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  • Brian Walker
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