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The epidemic sent 77 million more To poverty before the Ukraine war: the United Nations

by John Pierce
July 3, 2023
in Business
2 min read
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The COVID-19 pandemic has decreased by 77 million more people in extreme poverty last yearand many developing countries Can not recover because of handicapped cost of debt Repayment – that was before added Effect of the war in Ukraine, said a United Nations report on Tuesday.

Rich report said countries can support they recovery from pandemic depression with record Amounts borrowed at very low interest rates. but the poorest countries spent billions of dollars to service their debts and faced Much higher Borrowing costs, which prevents them from spending on Improving education, health care and protection environment and reduce inequality.

According to the United Nations, 812 million people Live in very poor – on $1.90 per day or less – in In 2019, by 2021 amid the pandemic, the number had risen to 889 million.

the report on Funding for the achievement of the United Nations development Objectives for 2030, including the eradication of poverty, ensuring the quality of education for everyone young people and achieving gender equality.

Deputy Secretary-General of the United Nations, Amina Mohammed, said in a statement: news Conference that the effort ‘come in critical Nowadays for humanity, exacerbating the crisis of Climate Attacks on Our natural systems and the protracted COVID-19 pandemic.”

Added to this, she said, is global Effect of the war in Ukraine. A UN analysis indicates “1.7 billion people be faced with Exposure to rising costs of food, energy and fertilizers result of the war in Mohammad said.

The report estimates the per capita GDP in 20% of Development countries It won’t be back to pre-2019 levels by the end of 2023, even before the impact is absorbed of Russia’s war in Ukraine.

He. She says poorer developing countries on average, pay 14% of their revenue for benefit on their debts, with Many had to cut budgets for Education, Infrastructure and Capital Expenditure a result of epidemic. rich developed countries Pay only 3.5% says.

the war in Ukraine will exacerbate these challenges, the report said, and will also Bring higher Energy and commodity prices, renewed disruptions in the supply chain, higher Inflation, lower growth and increase volatility in financial markets.

“It will be a tragedy if the rich donor countries increase the number of donors,” Mohammed said military Expenses as a result of War and cut aid to development countries And reduced Efforts to tackle the climate crisis.

United nations already It was “off a path” in Efforts to reach the United Nations development Goals before the pandemic hit and brought new problems, she said. Now, the war and its impact will set These efforts back again”So big The message is that we need more She said “.

“There is no justification for Inaction at this crucial moment of collective responsibility ensure hundreds of millions of people is being lifted out of hunger Mohammad said. We should invest in access for decent and green jobs, social protection, health care and education leave no one behind. “

The report’s recommendations include expediting up debt Ease and expand eligibility for debt-burdened middle-income people countriesalignment international tax system To address issues such as inequality in Availability of Corona virus vaccines and access For medical products, accelerate investment in sustainable energy, optimization information sharing.

The report was produced by the United Nations Administration of Economic and Social Affairs in cooperation with more from 60 international Agencies, including the United Nations system And international financial institutions.

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