Finance Ministers Meet to Refine ‘Single Ambitious Menu’ for COVID-19 Recovery and Beyond

For Nigel Clarke, Jamaica’s Minister of Finance and the Public Service, the event was an opportunity to “act with dispatch” and  “to scale up measures that have already been implemented”.  

(United Nations News) The UN Deputy Secretary-General has reminded Finance Ministers from across the world of their duty to help countries emerge from the social and economic chaos brought on by the COVID-19 pandemic. 

Amina Mohammed addressed ministers from UN Member States, and representatives from international institutions, during a virtual meeting on Tuesday to solidify a “menu” of policy options for post-pandemic recovery and beyond, which will be presented to world leaders later this month. 

Although the crisis has affected everyone, Ms. Mohammed said the consequences will be worse for the world’s most vulnerable citizens.  

“Between 70 to 100 million people could be pushed into extreme poverty; an additional 265 million people could face acute food shortages by the end of this year, and an estimated 400 million jobs have been lost: disproportionately, of course, affecting women”, she said. 

Read more at: United Nations News

Source: CARICOM TODAY