ABSTRACT

COVID-19 Global Pandemic: Joint Statement by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD)   [open pdf - 0B]

From the Document: "We, the members of OECD [Organisation for Economic Co-operation and Development] Development Assistance Committee (DAC), are deeply saddened by the large-scale deaths and human suffering caused by the COVID-19 [coronavirus disease 2019] pandemic. It threatens to reverse existing achievements on the Sustainable Development Goals (SDGs) and to undermine further progress in the 'Decade for Action'. [...] The consequences of the crisis are severe for us all, but poor people - especially those in fragile countries - will be the hardest hit, where health systems, government structures and social safety nets are weak. The ensuing economic effects are likely to be profoundly damaging, particularly for already vulnerable people, and could jeopardise political and economic stability. Economic slowdown, declining exports and tourism revenues, and capital outflows, are depressing tax revenues and aggravating sovereign debt."

Publisher:
Date:
2020-04-09
Series:
Copyright:
OECD
Retrieved From:
Organisation for Economic Co-Operation and Development (OECD) iLibrary: http://www.oecd-ilibrary.org/
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application/pdf
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