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Montevideo, August 4th 2021 - 06:25 UTC

 

 

A third of the world population with no government aid during the pandemic, Oxfam

Tuesday, December 15th 2020 - 09:00 UTC
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An analysis of World Bank data found that while US$9.8 trillion of aid was spent by 36 wealthy nations, 59 low-income countries spent only US$42 billion An analysis of World Bank data found that while US$9.8 trillion of aid was spent by 36 wealthy nations, 59 low-income countries spent only US$42 billion

More than a third of the world's population - some 2.7 billion people - has not received government aid during the coronavirus pandemic, Oxfam said on Tuesday, with gaping differences between rich and poor countries.

An analysis of World Bank data conducted by the Nairobi-based charity found that while US$9.8 trillion of aid was spent by 36 wealthy nations, 59 low-income countries spent only US$42 billion to cope with the economic fallout of the pandemic.

It also found that rich countries have spent at the rate of US$695 per person, whereas low-income and emerging countries have spent at a per capita rate of between US$28 to as low as US$4. Moreover, the world's wealthiest nations have only increased aid to developing countries by US$5.8 billion, the study showed.

“The coronavirus united the world in fear but has divided it in response,” said Oxfam executive director Gabriela Bucher. “The pandemic sparked a laudable global effort that reached more than a billion more people with social protection support over 2020 but, as of today, more people still have been left behind entirely,” Ms Bucher added. “That need not be so.”

Prior to the pandemic, up to four billion people lacked social protection - state-funded welfare aid - with the World Bank estimating that only 1.3 billion of them have been reached during the crisis, the researchers said.

The report noted that many developing countries have been able to mobilize non-financial help, like food aid, but that it is often “insufficient” in formal social protection schemes.

In a separate report, the United Nations found that one in 33 people will need humanitarian aid to meet basic needs like food, water and sanitation in 2021, an increase of 40% from this year.

Categories: Economy, Politics, International.

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