AIRLINK 74.40 Increased By ▲ 0.15 (0.2%)
BOP 5.04 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.35 Increased By ▲ 1.51 (4.21%)
DGKC 91.20 Increased By ▲ 3.20 (3.64%)
FCCL 22.50 Increased By ▲ 0.30 (1.35%)
FFBL 32.70 Decreased By ▼ -0.02 (-0.06%)
FFL 9.73 Decreased By ▼ -0.06 (-0.61%)
GGL 10.90 Increased By ▲ 0.10 (0.93%)
HBL 115.70 Decreased By ▼ -0.20 (-0.17%)
HUBC 136.50 Increased By ▲ 0.66 (0.49%)
HUMNL 10.14 Increased By ▲ 0.30 (3.05%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.99 Increased By ▲ 0.33 (7.08%)
MLCF 40.30 Increased By ▲ 0.42 (1.05%)
OGDC 138.10 Increased By ▲ 0.20 (0.15%)
PAEL 27.35 Increased By ▲ 0.92 (3.48%)
PIAA 24.64 Decreased By ▼ -1.64 (-6.24%)
PIBTL 6.71 Decreased By ▼ -0.05 (-0.74%)
PPL 123.25 Increased By ▲ 0.35 (0.28%)
PRL 27.28 Increased By ▲ 0.59 (2.21%)
PTC 14.08 Increased By ▲ 0.08 (0.57%)
SEARL 59.65 Increased By ▲ 0.95 (1.62%)
SNGP 69.82 Decreased By ▼ -0.58 (-0.82%)
SSGC 10.38 Increased By ▲ 0.02 (0.19%)
TELE 8.65 Increased By ▲ 0.09 (1.05%)
TPLP 11.28 Decreased By ▼ -0.10 (-0.88%)
TRG 64.79 Increased By ▲ 0.56 (0.87%)
UNITY 26.66 Increased By ▲ 0.61 (2.34%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 7,864 Increased By 25.8 (0.33%)
BR30 25,594 Increased By 134 (0.53%)
KSE100 75,312 Increased By 381 (0.51%)
KSE30 24,200 Increased By 53.9 (0.22%)
World

Guterres warns virus could send millions in Africa into 'extreme poverty'

While he congratulated Africa for responding swiftly to the pandemic, which has claimed more than 2,500 lives acros
Published May 20, 2020
  • While he congratulated Africa for responding swiftly to the pandemic, which has claimed more than 2,500 lives across the continent.
  • He said he was also advocating "a comprehensive debt framework -- starting with an across-the-board debt standstill for countries unable to service their debt."

UNITED NATIONS: UN Secretary-General Antonio Guterres warned that millions of people could be pushed into extreme poverty in Africa due to the coronavirus pandemic and called for "global solidarity" with the continent.

"The pandemic threatens African progress. It will aggravate long-standing inequalities and heighten hunger, malnutrition and vulnerability to disease," Guterres said in a statement accompanying a UN study with recommendations for the African continent.

While he congratulated Africa for responding swiftly to the pandemic, which has claimed more than 2,500 lives across the continent, Guterres noted that "as of now, reported cases are lower than feared."

"African countries should also have quick, equal and affordable access to any eventual vaccine and treatment, that must be considered global public goods," he said in his statement.

Since the pandemic is still in its "early days" in Africa, Guterres stressed that "disruption could escalate quickly."

"Global solidarity with Africa is an imperative -- now and for recovering better," he said.

Among his recommendations, Guterres urged "international action to strengthen Africa's health systems, maintain food supplies, avoid a financial crisis."

It is also necessary, he added, to "support education, protect jobs, keep households and businesses afloat, and cushion the continent against lost income and export earnings."

Guterres called for "more than $200 billion as additional support from the international community" to help Africa recover from the pandemic.

He said he was also advocating "a comprehensive debt framework -- starting with an across-the-board debt standstill for countries unable to service their debt."

Comments

Comments are closed.