Pandemic and crisis will undermine efforts to combat global poverty, impoverishment threatens 60 million people

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About 60 million people around the world can be in a state of extreme poverty because of the pandemic coronavirus

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So says the President of the world Bank (WB) David Malpas. A statement published on the organization’s website

Franz Mahr

Malpas noted that the return to economic growth need to quickly and flexibly respond to an emergency, to provide assistance to the poor, including monetary, to support the private sector and strengthen the economy’s resilience

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About 60 million people around the world can be in a state of extreme poverty because of the pandemic of coronavirus, said the President of the world Bank (WB) David Malpas. A statement published on the organization’s website.

According to Malpas, pandemics, and the suspension of the developed economies will negate a significant part of the latest advances in the fight against poverty and extreme poverty, suggesting a daily income of $1.9 and below will be tens of millions of people. Also, the organization predicts that in 2020 the deep recession of the world economy to minus 5%.

Malpas noted that the return to economic growth need to quickly and flexibly respond to an emergency, to provide assistance to the poor, including monetary, to support the private sector and strengthen the economy’s resilience.

The statement noted that the world Bank has assisted in the fight against the pandemic has 100 States, which account for 70% of the world population. Only WB committed for 15 months to allocate to developing countries $160 billion in grants, loans, and investments to counter the effects of the pandemic. Malpas also encouraged creditor countries to join the initiative of the “Big twenty”, which declared a moratorium on debt payment by a number of developing countries.

According to the forecasts of meteorologists and international organizations, in 2020 humanity is threatened not only the coronavirus: the challenge of global warming will not go away. In June, the U.S. expects the semi-annual hurricane season and the warming of the oceans means that hurricanes will be more powerful than normal. Over overheated seas pouring more than over cool land, which deprives the continent of rain and causes a drought. The increase in temperature in the Western Indian ocean is fraught with dry summers and forest fires in Australia, and the warming waters of the North Atlantic threatens to dry and burn the forests of the Amazon basin. In addition, the world is threatened by a plague of locusts that appeared in Yemen thanks to the warm and rainy winter.

While the yield last year of more than enough grain because of the pandemic hit the world food market: warehouses and ports is not enough healthy workers, the truck idle without drivers, and transportation declined sharply. And the ready food, which is now in the world even in excess, in the current environment it is difficult to collect and deliver the supermarkets.

The danger of a food crisis, coupled with the pandemic coronavirus turns to rich States serious costs and becomes the reason to cut aid to poor countries. About the largest humanitarian crisis since the Second world war, warned long before the coronavirus, and from his account with a massive hunger this year, may face three decades in poor countries. According to the UN, in the world is chronically undernourished, almost 1 billion people – one in eight people on the planet. And because of the caused by a coronavirus of the crisis, their number will grow to 130 million in 2020.

According to the UN, at risk are primarily the countries waging war and affected by the economic crisis and global climate change. Among them Yemen, Democratic Republic of the Congo, Afghanistan, Venezuela, Ethiopia, South Sudan, Sudan, Syria, Nigeria and Haiti. The UN urged the international community to respond to the problem to prevent a disaster.

According to a leading economist program Arif Hussein, the regime of self-isolation and economic recession has hit the inhabitants of starving countries. More than half (73 million) from 135 million people caught in the coverage of the report, live in Africa. 43 million live in the middle East and Asia, with 18.5 million residents of Latin America and the Caribbean. The report has a Global network to combat food crises concern is also the situation in the South-East of Ukraine.