The financial effort made by “low-income” countries to adopt measures to combat the pandemic resulted in a 12% increase in the debt of these countries last year, causing the total owed to reach the record US mark. $860 billion, World Bank President David Malpass said today at the opening of the bank’s annual meeting.
According to Malpass, many of the affected countries were already vulnerable even before the pandemic started, due to the high public debt and the slowdown in economic growth.
Malpass reiterated that the bank’s mission is to reduce poverty and increase prosperity, taking into account the use of clean energy and the access of the population of emerging countries to generated energy.
“Climate change shows the need to reduce emissions,” he said. “But developing countries need to present plans and projects that show how they are going to achieve goals,” he added.
He highlighted the bank’s actions aimed at obtaining doses of vaccines. “Two weeks ago, 250 million vaccines helped save lives through [contratos envolvendo] the World Bank, aiming to finance the solution of problems”, he said.
+ Until 2019, there were more people in prisons than on the Brazilian stock exchange
+ Aloe gel in the drink: see the benefits
+ Lemon-squeezing trick becomes a craze on social media
+ Chef playmate creates aphrodisiac recipe for Orgasm Day
+ Mercedes-Benz Sprinter wins motorhome version
+ Anorexia, an eating disorder that can lead to death
+ US agency warns: never wash raw chicken meat
+ Yasmin Brunet breaks the silence
+ Shark is captured in MA with the remains of youngsters missing in the stomach
+ See how much it costs to eat at the MasterChef judges’ restaurants
+ Auction of cars and motorcycles from Kombi to Nissan Frontier 0km