Apr 6, 2020
Developing countries are facing a massive, crippling impact on their vulnerable economies due to the COVID-19 outbreak. In response to this, the United Nations has called for a $2.5 trillion emergency package to help these nations cope with the “looming financial tsunami.” The UN urged rich western countries to provide...
#Health#World News#$2.5 trillion#$2.5tn emergency package#A Marshall plan#Capital controls#coronavirus#coronavirus crisis#coronavirus outbreak#coronavirus pandemic#COVID-19#Covid19#crisis#debt jubilee#Developing nations#emergency package#financial tsunami#G20#Geneva-based#global financial crisis#health#helping developing economies#IMF#International Monetary Fund#Mukhisa Kituyi#nation-wide revenue#outbreak#pandemic#rich countries aid poor nations#Richard Kozul-Wright
