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Cape Town - South Africa made some progress at the G20
Summit in Mexico but there was still "a long way to go" to advance
Africa's development goals, President Jacob Zuma said on Wednesday.
"More work is needed still to reform international
financial institutions such as the International Monetary Fund and the World
Bank so that they can become more responsive to the needs of the developing
world," he said in a statement.
"More work must be done as well to mainstream the
development agenda within the G20".
Zuma represented the country in Los Cabos from Monday. South
Africa is the only African member of the G20, a group of the world's major
economies.
He said world leaders engaged effectively with each other
and agreed to more international economic cooperation to support stability and
growth.
"Overall, we agreed that we should put more emphasis on
growth. Fiscal consolidation should not be done too quickly. We have also
agreed to an accountability system which will help us ensure that we meet our
commitments."
Zuma gave his support for Africa's development agenda, which
included more support for continental infrastructure investment, new strategies
for agricultural development and tools for "green" growth.
The president had flown to Rio de Janeiro in Brazil to attend the Rio+20 conference on sustainable development.
