Home / news / Developing countries face economic collapse in COVID-19 fight: UN – $220bn in lost income; nearly half of all jobs in Africa wiped out; UNDP warns of economic devastation for poor nations.

Developing countries face economic collapse in COVID-19 fight: UN – $220bn in lost income; nearly half of all jobs in Africa wiped out; UNDP warns of economic devastation for poor nations.

Developing countries face economic collapse in COVID-19 fight: UN – $220bn in lost income; nearly half of all jobs in Africa wiped out; UNDP warns of economic devastation for poor nations.

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  1. *”For vast swathes of the globe, the pandemic will leave deep, deep scars,” UNDP Administrator Achim Steiner, said. “Without support from the international community, we risk a massive reversal of gains made over the last two decades and an entire generation lost.”*

    *The loss in income could have severe repercussions for societies, including in areas such as education, human rights and food security. UNDP also warned that hospitals and clinics in developing countries are likely to be overrun and underresourced, further risking the spread of the COVID-19 virus. Up to 75 percent of people in least-developed countries lack access to soap and water.*

    *”There was a lot of hope generated for this decade. Now that picture is looking quite bleak,” Ahunna Eziakonwa, Assistant Secretary-General and Director of UNDP’s Regional Bureau for Africa, told Al Jazeera.”The devastation is going to be unprecedented particularly in Africa where countries have survived Ebola and the financial crisis but nothing on the scale of what is about to hit the continent.”*

    *Eziakonwa added that countries like the Democratic Republic of the Congo and Central African Republic already have existing crises including protracted conflict and millions of internally displaced persons. The DRC is still battling the Ebola outbreak. Other nations suffer from natural disasters. Tanzania has just been hit with a huge flood.*

    *”You have a crisis on top of a crisis. These countries and many like them have millions of people who were dependent on humanitarian assistance for survival, and now with restrictions in place to fight coronavirus, aid will not be able to reach them,” she said.*

    Words fail how bad this could become.

  2. We are heading into uncharted territory.

  3. The cure seems worse than the disease. But scared people are dumb people and dumb people demand something be done even when that something is worse than doing nothing.

    Now to protect aging American baby boomers we must kill millions of brown children.

  4. Im just here to watch the world burn

  5. Well UN, should have told your brother WHO to not to be such a suck up.

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