Calls by African leaders for reforms in the global financial architecture got a rare boost late last week when the United Nations gave a go-ahead for the commencement of the process leading to the establishment of a framework.
The move is specifically good news for leaders like Kenya President William Ruto who has been pushing against a 'rigged' financial system that he says does not favour poor in the global south. The passage of this resolution marks a historic moment to correct the imbalances that exists and represents a significant stride toward democratising the global tax system.
