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Funding The Recovery Of Low-income Countries After COVID


Many of the poorest countries in the world are facing the threat of a weak recovery, and setback in their development path.
The needs of the poorest countries over the next five years are acute. But they are not out of reach.
In our paper, we estimate that low-income countries will need around $200 billion until 2025 to step up their response to the pandemic, and a further $250 billion to catch up with advanced economies. An additional $100 billion will be needed if risks identified in the baseline scenario materialize. Meeting these needs will require a coordinated, multifaceted, strong response.
Several factors hamper the economic recovery of low-income countries. First, they face uneven access to vaccines. Most of these countries rely almost entirely on the multilateral COVAX facility - a global initiative aimed at equitable access to vaccines led by a consortium of international organizations. COVAX is currently set to procure vaccines for just 20 percent of the po ....

Robert Gregory , Gaelle Pierre , Guillaume Chabert , International Monetary Fund , Debt Service Suspension Initiative , International Monetary , Economic Outlook , Poverty Reduction , Growth Trust , Special Drawing Rights , Catastrophe Containment , Relief Trust , Service Suspension Initiative , Economic Data , Funding Recovery , ராபர்ட் கிரெகொரி , கிலௌம் சபேர்ட் , சர்வதேச பண நிதி , கடன் சேவை இடைநீக்கம் முயற்சி , சர்வதேச பண , பொருளாதார ஔட்‌லுக் , பாவர்டீ குறைப்பு , வளர்ச்சி நம்பிக்கை , சிறப்பு வரைதல் உரிமைகள் , பேரழிவு கட்டுப்படுத்துதல் , துயர் நீக்கம் நம்பிக்கை ,

Detailed text transcripts for TV channel - FOXNEWS - 20170831:22:44:00

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