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Oxfam: Over a third of the population without safety net to cope with Covid-19 economic crisis Format 15 Dec 2020 Nine months on from the start of the pandemic, as many as 2.7 billion people - equivalent to over a third of the world’s population - have no publicly funded safety nets to fall back on to cope with its effects, new Oxfam research with Development Pathways has found. While wealthy countries have pumped $9.8 trillion (£7.4 trillion) into their economies, including significant measures to support workers and the general population, the majority of low- and middle-income countries...

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...

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...