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Growth in Africa: The 5 best finance ministers according to Financial Afrik

19/02/2021
Categories: Economy/Forex

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The Financial specialist Afrik has just released the top 5 of the best African finance ministers for the year 2020. Proved by the Covid-19 crisis, they have taken up the challenge of mobilizing resources to finance emergency social and health programs

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Financial Afrik informs that the ministers chosen in this ranking, out of the 54 on the continent, are manually steering with their hands on the recovery button and their foot on the lever for financing emergency programs. “These ministers present a high level of leadership, attested by their background, their knowledge of the international financial system and their ability to attract financing and convince investors,” says the same source.
Romuald Wadagni, Benin's Minister of Economy and Finance, is number 1 on the list. He is followed by Abouldaye Diallo, Minister of Finance and Budget and Amadou Hott, Minister of Economy, Planning and International Cooperation of Senegal. Then comes Dr. Mohamed Ahmed Maait, Minister of Finance of Egypt who put aside his academic capital as an actuary, mathematician and professor at various universities in Egypt, Sudan and Scotland to put into practice unorthodox measures to deal with the consequences of the Covid-19 pandemic.
In 4th position, Tito Mboweni, Minister of Finance of South Africa, is facing macroeconomic balances that are difficult to consolidate. Payroll has increased by 58% since 2008. Finally, Renganaden Padayachy, Minister of Finance of Mauritius, who is facing a difficult context marked by the impact of the pandemic on the tourism, finance and services sectors, which are the main providers of foreign exchange and jobs in Mauritius.
The selection criteria are: leadership, 2020-2021 growth, private sector financing, debt control and deficit control.

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