Covid-19 to hit hard poorest ones

The loss of income of developing countries due to the current crisis could amount to $220 trillion, according to United Nations estimates. It is these developing countries that will be most affected by the epidemic crisis.

The reasons for this will be difficult access to health care and poor medical infrastructure in these countries.

But the poor in rich countries have nothing to enjoy because a serious slump in the world economy will deepen the problem of poverty there.

Analysts from the International Food Policy Research Institute estimated that each percentage point of the decline in economic growth means an increase in the number of people affected by poverty by 2 percent (constituting 14 million people).

Meanwhile, the S&P agency has already lowered its forecasts for global GDP growth in 2020 from an initial 3.3 percent. to just 0.4 percent.

(300gospodarka)