2.7 billion people have not received any public financial support to deal with the economic devastation caused by the coronavirus pandemic, Oxfam said
The COVID-19 pandemic and the lockdown measures to contain it have hit millions of people hard, with poverty set to increase sharply in almost every country for the first time in decades unless action is taken now, according to a new report by Oxfam. o a new report by Oxfam. Hundreds of millions of people have lost their jobs and income.
Eight out of 10 countries not having given any financial support to even half their population, “women workers in low- and middle-income countries in particular are suffering, as they work in the worst-affected sectors, such as garments, services and domestic work,” the report said.
It also urged rich nations to step up financial support to poorer countries through the urgent provision of more aid and the cancellation of debts.