Remittances are an essential part of economic activity in low and middle-income countries (LMIC), including those in South Asia. Because of the pandemic remittances to LMIC are expected to drop from $548 billion on 2019 to $508 billion in 2020 and $470 billion in 2021. The implied growth rates for 2020 and 2021 are -7.2% and -7.5%. For South Asia the drop will be from $140 billion in 2019 to $135 billion in 2020 and $ 120 billion in 2021 with implied growth rates of -3.6% and -10.9%.
https://www.knomad.org/publication/migration-and-development-brief-33
As we navigate the COVID-19 pandemic response, I would like to assure you once again that the health and safety of personnel and delegates continues to be our number one priority.
In 2013, when Jamila Ben Baba started her company, the first privately owned slaughterhouse in Mali, she did so in the midst of a civil war as Tuareg rebels grouped together in an attempt to administer a new northern state called Azawad.
Ben Baba, who is originally from Timbuktu, in northern Mali — where much of the civil war conflict took place — based the business in the country’s western region of Kayes and grew it into what is considered the largest private slaughter house in the West African nation.
"We missed our teachers, they were very friendly and helped us solve the complex exercises, but with the coronavirus, we need to adapt and learn to solve our exercises alone at home," says Alzira Ngomane, 17 years old, and her brother Amilcar Ngomane, 14, from the Albazine district, in the city of Maputo, Mozambique.
US third quarter GDP numbers released two weeks ago delighted stock markets and President Trump. Output had picked up by 7.4%, annualised as 33.1%, the largest quarterly economic growth on record, almost double the old record of 3.9% (annualised as 16.7%) in the first quarter of 1950, seven decades ago.
Women need to be given roles as negotiators, not just offered representation through advisory groups, Agnieszka Fal-Dutra Santos from the Global Network of Women Peacebuilders (GNWP) told IPS.
Ever since the pandemic began this year, countries across the globe have been striving to protect their people from the virus through various preventive measures where protective gear also known as PPE are in high demand. On the contrary, this has dramatically increased the unsustainable use of plastic posing significant risk for the environment. Personal Protective Equipment (PPE) which includes masks, gloves and goggles have become indispensable plastic products for everyone currently witnessing the coronavirus pandemic. The global health crisis has given rise to the consumption of PPE at a staggering rate, which is considered a shield for combatting the virus. PPE is playing a key role in protecting people, especially the frontline workers, who are fighting day and night to cure millions of patients ever since the outbreak started. This has led to some tough questions for those of us who are continually advocating for environmental protection and sustainability— how are we going to manage the devastating impact of plastic waste generated due to Covid-19?
Future pandemics will emerge more often, spread more rapidly, do more damage to the world economy and kill more people than COVID-19 unless there is a transformative change in the global approach to dealing with infectious diseases, warns a major new report on biodiversity and pandemics by 22 leading experts from around the world.
In July, the UN Secretary-General
warned that a “series of countries in insolvency might trigger a global depression”. Earlier, the United Nations Conference on Trade and Development (UNCTAD) and the International Monetary Fund (IMF) had
called for a US$2.5 trillion coronavirus crisis package for developing countries.
For Zimbabwean farmer Sinikiwe Sibanda, planting more sorghum and millet than maize has paid off.
As the coronavirus pandemic has led to decreased incomes and increased food prices across the southern African nation -- it is estimated that more than 8 million Zimbabweans will need food aid until the next harvest season in March -- Sibanda's utilisation of traditional and indigenous food resources could provide a solution to food security here.
The coronavirus pandemic has impacted the way people value working from home, career building, and their overall approach to utilising downtime.
It has blurred out the lines between hobby, casual reading, and how time is spent away from work.
Producing food and ensuring nutrition security, protecting the environment and restoring biodiversity, building sustainable and fair food systems: That’s the promise of agroecology.
2020 has not turned out as planned. As the COVID-19 pandemic continues to impact populations around the world, governments have been forced to take a fresh look at their spending and how to meet additional costs of pandemic response as they expect a fall in revenue. Budget information has become even more critical.
The European Commission this week pledged $27.8 million in humanitarian support to the Sahel region as floods and the coronavirus pandemic exacerbate the stability in a region deeply in conflict.
While the figure is less than 2 percent of the $2.4 billion that the United Nations has appealed for, Amnesty International researcher Ousmane Diallo told IPS that despite past donations from international development partners to Sahelian countries, the situation hasn’t improved over the years.
The fallout of the COVID-19 pandemic continues: as more people around the world lose their livelihoods, human trafficking is on the rise. Support services for survivors have been shut, and past gains to combat it have been reversed. Funding has dried up.
In the fight against COVID-19, success has so far been defined by responses in Asia and the Pacific. Many countries in our region have been hailed as reference points in containing the virus. Yet if the region is to build back better, the success of immediate responses should not distract from the weaknesses COVID-19 has laid bare. Too many people in our region are left to fend for themselves in times of need. This pandemic was no exception. Comprehensive social protection systems could right this wrong. Building these systems must be central to our long-term recovery strategy.
School reopening doesn’t mean that education is back on course. For a start, schools remain closed in over 50 countries, affecting more than 800 million students. The poorest ones may never make it back to school, driven by poverty into child labour or early marriage. Distance learning has been out of reach for one third of the 1.6 billion students affected worldwide by school closures. They may disengage altogether if school closures continue.
The impact of Covid-19 on supply chains and food security has dealt a blow to the already faltering global development ambition of ending hunger.
Despite the World Food Programme (WFP) being awarded the 2020 Nobel Peace Prize for its work in addressing global hunger, sustainable food systems expert Emile Frison believes a lot more needs to be done. This includes the rethinking of approaches to agricultural production, establishing deeper relationships between consumers and producers, and taking a wholistic approach towards socio-economic factors.
This week the world’s Ministers of Finance and Central Bank Governors meet virtually at
the 2020 Annual Meetings of the International Monetary Fund and the World Bank and decide on the fate of the world.
This year’s gathering is particularly important, given that the world is confronting an unprecedented crisis. Governments are struggling to finance emergency care and urgent socioeconomic support to cope with the COVID19 pandemic.