UNCTAD - Response and Recovery: Mobilising financial resources for development in the time of Covid-19

13 November 2020 |

While the ongoing Covid-19 crisis is first and foremost a public health threat, it is also, and increasingly, an economic threat.

According to UNCTAD, many developing countries face distinct limitations on their ability to mount appropriate stimulus packages for their economies as well as far greater challenges to their economies and societies arising from the COVID-19 crisis than is the case in the industrialized world.

In many developing countries a large-scale lock-down of their economies to flatten the contagion curve of the pandemic is not feasible without risking the prospect of more people dying from hunger than from illness.

UNCTAD's project aims to strengthen diagnostic and policy design capacity of the relevant macroeconomic, fiscal and debt financing authorities in LICs and MICs in order to respond to the COVID-19 pandemic and to ensure a recovery that enables the achievement of the Sustainable Development Goals (SDGs).

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