ROME, Italy
Pope Francis addressed ambassadors accredited to the Holy See on Monday, delivering a comprehensive overview of global challenges and the escalating violations of international humanitarian law.
He mentioned a plethora of
ongoing worldly tribulations, such as the Israel-Hamas conflict, migration
issues, climate crises, the immoral production of nuclear and conventional
weapons, but also the complex socio-economic and political issues plaguing the
African continent.
"Turning our gaze to
Africa, we are witnessing the suffering of millions of people as a result of
the numerous humanitarian crises that various sub-Saharan countries experience
due to international terrorism, complex social political problems, and the
devastating effects of climate change. Added to these are the effects of the
military coups d’état that have occurred in several countries and certain
electoral processes marked by corruption, intimidation and violence," said
the Pontiff.
From Algeria to South Africa,
a third of Africa is poised to participate in elections in 2024, with
significant issues at stake in at least 18 countries entering an election year.
Among these nations are Mali, Chad, and Burkina Faso, grappling with the aftermath
of coups – provided the junta leaders in these countries adhere to their
commitments.
“2024 will witness elections
being held in many nations. Elections are an essential moment in the life of
any country, since they allow all citizens responsibly to choose their leaders”
he added.
In the coming year, the fate
of several African economies hangs in the balance, as reported by various news
outlets.
For some, the current debt
crisis serves as a crucial turning point, offering a window of opportunity to
enact substantial reforms and fortify fiscal resilience. Conversely, a larger
contingent is anticipated to fall short, implementing only the essential
reforms necessary to maintain financial support from entities like the IMF, the
World Bank, and other donors.
The year ahead stands as a
critical juncture for these economies, where strategic decisions will shape
their trajectories in the post-debt crisis landscape.
While inflation is expected to
see a general decrease in 2024, the long-term repercussions on households'
purchasing power will persist. Additionally, countries reliant on food imports
may face intensified challenges as currency depreciations contribute to the
strain on household incomes.
No comments:
Post a Comment