Ramaphosa slams debt inequality, calls for global financial reform [SOUND]

# President Cyril Ramaphosa says it is unacceptable that developing countries pay higher debt costs than developed nations, calling it a driver of global inequality. Speaking on reforming international financial institutions at the European Union global gateway forum in Brussels, Belgium, Ramaphosa revealed that South Africa has established a G20 committee to address wealth inequality. He urged climate finance support, commitments to be met, and fairer mineral development benefiting local economies: