South African President Cyril Ramaphosa. South Africa, which currently hold the G20 Presidency, has used its position to highlight issues affecting poorer nations, including rising inequality and sovereign debt burdens.

South African President Cyril Ramaphosa on Thursday launched a G20 experts task force to examine global wealth inequality and its impact on growth, poverty and multilateralism – the first initiative of its kind for the G20.

The six-member task force, chaired by Nobel Economics Prize laureate Joseph Stiglitz, is expected to present its findings to G20 leaders due to convene in Johannesburg in November.

South Africa has sought to use its Group of 20 presidency this year to highlight issues affecting poorer nations, including rising inequality and sovereign debt burdens.

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