Unconditional emergency assistance for the world’s poorest could be funded by temporarily freezing debt repayments
The pandemic has disrupted informal work worldwide, leaving many without any form of income. EPA-EFE The rapid spread of COVID-19 across developing countries has led to a devastating loss of life and livelihoods. The pandemic is having both immediate economic effects and long-lasting consequences on development. This is because developing economies are less able to handle shocks than advanced ones.
Around 80% of workers in developing countries are engaged in tasks that are unlikely to be performed from home, meaning lockdowns are preventing them […]
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