Keeping the Global Focus on Low-Income Countries
As bad as the COVID-19 pandemic has been for major advanced economies, it is even worse for low-income countries that entered the crisis with only limited resources and already-high debt burdens. The international community must do more to help these governments confront the virus, or this crisis will never truly be over.
WASHINGTON, DC/THE HAGUE – Owing to the COVID-19 pandemic, the global economy is suffering its sharpest decline since the Great Depression. But while everybody is hurting, it is the world’s poorest countries that will pay the highest price unless they receive more help.