Washington: Debt loads in low-income countries surged 12 per cent to a record $860 billion in 2020 amid the pandemic, prompting World Bank President David Malpass to call Monday for a “comprehensive plan” to deal with the issue. “Sustainable debt levels are vital for economic recovery and poverty reduction,” he said. Efforts to combat Covid-19 … Read more
Pfizer and Biotech will supply 40 million doses of the coronavirus vaccine to the poorest countries by next month. The WHO plans to deliver the vaccine to 20% of the affected population this year under its Covax scheme. The WHO’s Covax scheme aims to provide the corona vaccine to the most affected populations in poor … Read more
Prime Minister Imran Khan said, he fears the new coronavirus will devastate third-world economies. He also said, “Because of the effects of the economic slowdown, my worry is poverty and hunger.” Imran Khan has warned richer countries to prepare to write off the debts of the world’s poorer states, expressing fear the coronavirus could devastate … Read more
A new study in health field has revealed that poor countries in the world have the highest ratio of obesity as well as under-nourishment, however: ultra processed food is the main cause of the issue. British Broadcasting Corporation (BBC) in its report quoted the latest health findings on health ratio in poor countries by The … Read more
