 "coronavirus")
IMF loans exacerbate poverty? The vast majority of International Monetary Fund loans extended during the Covid-19 pandemic have suggested or demanded spending cuts that would worsen poverty and inequality, charity group Oxfam says.
Seventy-six of the fund’s 91 loans since March have sought belt tightening, according to Oxfam. The result could be deep cuts to public healthcare and pensions; wage freezes and cuts for workers such as doctors and teachers; and reduced unemployment benefits like sick pay. Read more here
Let’s look at the global statistics:
Total Confirmed Cases: 37,213,592
Change Over Yesterday: 329,824
Total Deaths: 1,072,959
Total Recovered: 25,883,454
Nations hit with
