UNDP calls for temporary basic income to help poor women cope with COVID-19

UNITED NATIONS, March 4 (Xinhua) — The UN Development Programme (UNDP) on Thursday called for a temporary basic income (TBI) for poor women in developing countries to prevent rising poverty and widening gender inequalities during the COVID-19 pandemic.

The large-scale TBI scheme proposed by UNDP in a policy brief shows that a monthly investment of 0.07 percent of developing countries’ GDP, or 51 billion U.S. dollars by purchase power parity (PPP), could provide reliable financial security to 613 million working-age women living in poverty, providing them with much-needed income and alleviating the economic pressures they face day-to-day.

Women have been harder […]

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