Friday, 19 June 2020

We are going back the big way


If I had to select a piece of today’s news, I would go for the WHO Director-General’s warning that the pandemic is still growing in many parts of the world. It has now reached every nation. Many countries are now at a standstill. In some of them, even internal travel is not allowed.

Poverty is expanding rapidly in developing countries. The world is losing what it gained in decades of development assistance. It hurts to acknowledge such a fact, particularly for someone who spent decades in the development line of work. The only hope is that once the pandemic is under control the know-how that has been created in those countries all these past years will be mobilised for a quick recovery. For that to happen, those countries will need major capital injections. The international institutions will have to be the key advocates of such assistance.

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