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2.7 Billion People Have Had No 'Social Protection' To Cope With Covid-19 Economic Crisis - Vimarsana News

2.7 Billion People Have Had No 'Social Protection' To Cope With Covid-19 Economic Crisis

Wednesday, 16 December 2020, 8:16 am New Oxfam research shows that over a third of the world’s population has had no public money to cope with the effects of the pandemic. A new report “Shelter from the Storm”, done in partnership with Development Pathways, reviewed government schemes used to inject additional money to help people, such as disability, unemployment, child, and elderly benefits, for 126 low and middle-income countries. It found none of them were adequate to meet everyone’s needs. Overall, the world has spent an additional $11.7 trillion this year to cope with the fallo...

Shelter from the Storm: The global need for universal social protection in times of COVID-19 - World - Vimarsana News

Shelter from the Storm: The global need for universal social protection in times of COVID-19 - World

Shelter from the Storm: The global need for universal social protection in times of COVID-19 Format As 2020 draws to a close, the economic devastation caused by the COVID-19 pandemic shows no sign of abating. Without urgent action, global poverty and inequality will deepen dramatically. Hundreds of millions of people have already lost their jobs, gone further into debt or skipped meals for months. Research by Oxfam and Development Pathways shows that over 2 billion people have had no support from their governments in their time of need. Our analysis shows that none of the social protection su...

2.7 billion have had no 'social protection' to cope with Covid-19 economic crisis - Oxfam - Vimarsana News

2.7 billion have had no 'social protection' to cope with Covid-19 economic crisis - Oxfam

Tuesday, 15 December, 2020 - 13:16 New Oxfam research shows that over a third of the world’s population has had no public money to cope with the effects of the pandemic. A new report "Shelter from the Storm", done in partnership with Development Pathways, reviewed government schemes used to inject additional money to help people, such as disability, unemployment, child, and elderly benefits, for 126 low and middle-income countries. It found none of them were adequate to meet everyone’s needs. Overall, the world has spent an additional $11.7 trillion this year to cope with the fallou...

Source: voxy.co.nz