Covid-19 economic fallout may push half billion people into poverty: Report

The devastating economic fallout of the pandemic is being felt across the globe," said Jose Maria Vera, Oxfam International Interim Executive Director

Around half a billion people could be pushed into poverty as a result of the economic fallout from the coronavirus pandemic unless richer countries take urgent action to help developing nations, a leading aid organization warned Thursday.

In the run-up to three key international economic meetings next week, Oxfam has urged richer countries to step up their efforts to help the developing world. Failing to do so, it added, could set back the fight against poverty by a decade and by as much as 30 years in some areas, including Africa and the Middle East.

The devastating economic fallout of