UNCTAD said in a new report that the developing countries – which according to a UN body’s tally number 170 – would need a $2.5 trillion support package this year to face the economic crisis caused by the pandemic. “Sub-Saharan African countries will be among the hardest hit alongside others, including Pakistan and Argentina,” said Richard Kozul-Wright, director of globalisation and development strategies at UNCTAD, who oversaw the report. “Without urgent, ambitious and historic action, we could easily see the biggest humanitarian crisis since World War II,” Vera warned. It said all fees for health should be removed and free testing and treatment should be delivered. We can only beat this pandemic if we act in solidarity with every country and for every person.
Source: The Express Tribune March 31, 2020 04:29 UTC