Warning by Oxfam
On April 9, 2020, a dire warning was given by Oxfam that the repercussions of Coronavirus could drive half a billion people into poverty worldwide, as a result of social distancing and lockdown orders which have negatively affected global economies.
With more than a million COVID-19 cases globally, Oxfam has called on world leaders to agree on a financial relief package for the developing countries. They said that it would support small businesses, women, children and the elderly to cope with the economic ramifications of the health crisis.
The Nairobi-based charity released the six-point action plan, ahead of the World Bank, International Monetary Fund (IMF) and G20 Finance Ministers meetings.
To read the press release in full, please open the following link:
Emma Abbas