The world Bank estimated the possible extent of poverty due to COVID-19

2020/05/5-1589966804.jpg
Read: 855     14:00     20 Май 2020    

According to the latest data from Johns Hopkins University, more than 4.89 million cases of coronavirus and 323.2 thousand deaths have been detected worldwide.

The head of the world Bank, David Malpass, believes that up to 60 million people around the world may be in extreme poverty due to the coronavirus pandemic, RIA Novosti reports.

"Our estimate is that up to 60 million people will be driven into extreme poverty, which negates all progress in eliminating poverty in the past three years. Our forecasts show a deep recession, " Malpass said during a conference call.

According to him, the Bank tries not to stay on the sidelines, issuing loans in 100 countries. The Bank has pledged to issue loans for $ 160 million by mid-2021, he said.

At the same time, Malpass said that the efforts of the world Bank are not enough, and called on creditor countries to join the G20 initiative, which declared a moratorium on debt payments by a number of developing countries.

According to the latest data from Johns Hopkins University, more than 4.89 million cases of coronavirus and 323.2 thousand deaths have been detected worldwide.

Sputnik-georgia.ru





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The world Bank estimated the possible extent of poverty due to COVID-19

2020/05/5-1589966804.jpg
Read: 856     14:00     20 Май 2020    

According to the latest data from Johns Hopkins University, more than 4.89 million cases of coronavirus and 323.2 thousand deaths have been detected worldwide.

The head of the world Bank, David Malpass, believes that up to 60 million people around the world may be in extreme poverty due to the coronavirus pandemic, RIA Novosti reports.

"Our estimate is that up to 60 million people will be driven into extreme poverty, which negates all progress in eliminating poverty in the past three years. Our forecasts show a deep recession, " Malpass said during a conference call.

According to him, the Bank tries not to stay on the sidelines, issuing loans in 100 countries. The Bank has pledged to issue loans for $ 160 million by mid-2021, he said.

At the same time, Malpass said that the efforts of the world Bank are not enough, and called on creditor countries to join the G20 initiative, which declared a moratorium on debt payments by a number of developing countries.

According to the latest data from Johns Hopkins University, more than 4.89 million cases of coronavirus and 323.2 thousand deaths have been detected worldwide.

Sputnik-georgia.ru





Tags: