IGAD

IGAD Finance Ministers Commit to Establish Emergency Fund to Combat COVID-19

CORONAVIRUS UPDATE

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The Ministers of Finance from the Intergovernmental Authority (IGAD) member states have committed to raise emergency fund to combat COVID-19 and mitigate its adverse economic effects.

The IGAD Executive Secretary Dr Workneh Gebeyehuconvened a video teleconference for the Finance Ministers on Thursday following the meeting of the regional Health Ministers the previous day.

The video teleconference was chaired by the Minister of Finance of Sudan, Dr. Ibrahim Elbadawi and attended by his counterpartsIlyas Moussa Dawaleh of Djibouti, Ahmed Shide of Ethiopia, Amb. Ukur Yatani Knacho of Kenya, Garang Mabior of South Sudan and Uganda’s Matia Kasaija.

The Minister of Finance of Sudan expressed the willingness of his country to ensure that ‘the COVID-19 doesn’t translate into a recession curve’ for the region and its people.

“The IGAD region ‘cannot afford to be complacent’ in the face of the current threat.

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