The combined hit may result in a total of 860 million people living below the $1.90 a day line by the end of 2022, or 263 million more than the projection before the pandemic, the group said in a report on Tuesday. That’s equivalent to the entire population of the U.K., France, Germany and Spain combined.
The poorest people will be hit hardest, with food costs accounting for 40% of consumer spending in sub-Saharan Africa, compared with 17% in advanced economies, Oxfam said, citing an IMF report.Oxfam warned that the return of inflation is a recipe for financial turmoil in lower-income countries that need dollars for their energy, medicine and food imports, and whose debt is largely in the U.S. currency.
“We reject any notion that governments do not have the money or means to lift all people out of poverty and hunger and ensure their health and welfare,” said Oxfam International Executive Director Gabriela Bucher. “We only see the absence of economic imagination and political will to actually do so.”
Behind every successful person there's always a helper Oliviatrading2 is the person behind my success story she helped me earn R400,000. thanks for restoring my hope once again Oliviatrading2
I won't be sharing this good news on how am getting paid from Oliviatrading2 platform if I didn't see others testifying I was doubting but now that am experiencing how great her platform work.I also recommend you to Oliviatrading2 bitcoin mining for safe and secured investment
I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Oliviatrading2 on Twitter She guides me through and i made a return of R155,00 after a week of trading, connect with her
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »