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Coronavirus: Guterres, if we don't act now global recession

2020-09-29T13:17:39.601Z


"If we don't act now, we face a global recession that could wipe out decades of development and make the 2030 Agenda completely out of reach." (HANDLE)


(ANSA) - NEW YORK, 29 SEPTEMBER - "If we do not act now, we have a global recession that could wipe out decades of development and make the 2030 Agenda completely out of reach".

This was stated by the UN Secretary General, Antonio Guterres, during the high-level virtual event on financing the development of the coronavirus era and also organized by Canada, Jamaica and the United Nations on the margins of the General Assembly, which will also be attended by Prime Minister Giuseppe With you.


    "Countries reacted quickly to the crisis, with a global tax response of $ 1.150 billion starting from the end of August - he continued - But only 2.5% of this global fiscal stimulus is due to developing and emerging economies. who have greater needs, fewer resources and weaker capabilities to face the crisis ". Guterres welcomed the G20 debt suspension initiative, which created fiscal space in the world's poorest countries: "But this response does not address the scale of the crisis." "The covid-19 pandemic is a catastrophe - he continued - but it is also a generational opportunity to shape our future for the better". (HANDLE).


Source: ansa

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