06 April, 2021
In a statement released today, the Mo Ibrahim Foundation has called for a series of urgent actions aimed at upscaling vaccine access in Africa.
Africa is one of the world’s most vulnerable regions. The continent is home to 17% of the world’s population and yet accounts for just 0.5% of global vaccine distribution, according to the latest data.
Ensuring equitable and balanced access to vaccines is a matter of global security and shared interest. If the virus is not defeated everywhere, it will continue to spread and mutate.
The statement, signed by the Foundation’s Board Members, Ibrahim Prize Committee and Prize Laureates, calls for immediate and united efforts to advance vaccine equity. This includes unlocking additional resources to fill Africa’s vaccine gap and build the continent’s vaccine manufacturing capacity in the longer term.
ECLAC says positive growth in the C bean in 2021 still insufficient to recover pre-pandemic levels of economic activity jamaica-gleaner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaica-gleaner.com Daily Mail and Mail on Sunday newspapers.
110 People walk on the beach, some wearing masks, amid the novel coronavirus pandemic in Huntington Beach, California on April 25, 2020. - Orange County is the only county in the area where beaches remain open, lifeguards in Huntington Beach expect tens of thousands of people to flock the beach this weekend due to the heat wave. Lifeguards and law enforcement are patrolling the beach to make sure people are keeping their distance. (Photo by Apu GOMES / AFP) (Photo by APU GOMES/AFP via Getty Images)
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ANTIAGO, Chile The Latin America and the Caribbean region will experience a contraction of -7.7 percent in 2020 but will have a positive growth rate of 3.7 percent in 2021, due mainly to a statistical rebound that will nonetheless be insufficient for recovering the economic activity levels seen prior to the coronavirus pandemic (in 2019), ECLAC indicated today in a new report.
The Latin America and the Caribbean region will experience a contraction of -7.7% in 2020 but will have a positive growth rate of 3.7% in 2021, due mainly to a statistical rebound that will nonetheless be insufficient for recovering the economic activity levels seen prior to the coronavirus pandemic (in 2019), ECLAC indicated today in a new report.
ECLAC released its
According to the document by the Economic Commission for Latin America and the Caribbean (ECLAC), in a context of global contraction, Latin America and the Caribbean is the region in the developing world that has been hardest hit by the crisis stemming from COVID-19. In the decade prior to the pandemic, the region was on a low-growth trajectory, and in 2020 it faces an unprecedented combination of negative supply and demand shocks, which is translating into the worst economic crisis in the last 120 years.
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In its Preliminary Overview of the Economies of the region, ECLAC forecasts an average contraction of -7.7% for 2020 – the largest in 120 years – and a rebound of 3.7% in 2021. In a context of global contraction, Latin America and the Caribbean is the region in the developing world that has been hardest hit by the crisis stemming from COVID-19. In the decade prior to the pandemic, the region was on a low-growth trajectory, and in 2020 it faces an unprecedented combination of negative supply and demand shocks, which is translating into the worst economic crisis in the last 120 years. Although the significant fiscal and monetary efforts made by countries have served to mitigate the effects of the crisis, the pandemic’s economic and social consequences have been exacerbated by the structural problems that the region has suffered historically. In 2021, ECLAC foresees a positive GDP growth rate that will fundamentally reflect a statistical rebound,