Oxfam urges radical economic rejig for post-COVID world - News Summed Up

Oxfam urges radical economic rejig for post-COVID world


Meanwhile, using data specially provided by the World Bank, Oxfam said that in a worst-case scenario global poverty levels would be higher in 2030 than they were before the pandemic struck, with 3.4 billion people still living on less than $5.50 a day. Bucher said women and marginalized racial and ethnic groups are bearing the brunt of this crisis and are “more likely to be pushed into poverty, more likely to go hungry, and more likely to be excluded from healthcare.”While urging governments to ensure that everyone has access to a coronavirus vaccine and financial support if they lose their job, Bucher said policies in a post-coronavirus world should focus on ending poverty and protecting the planet. “They must invest in public services and low carbon sectors to create millions of new jobs and ensure everyone has access to a decent education, health, and social care, and they must ensure the richest individuals and corporations contribute their fair share of tax to pay for it,” she said. “These measures must not be band-aid solutions for desperate times but a ‘new normal’ in economies that work for the benefit of all people, not just the privileged few,” she added.


Source: Daily Sun January 25, 2021 00:00 UTC



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