Economic Development

Uganda looks online for answers to COVID economic crisis

From banking, to food delivery, and taxi bookings, Uganda is rapidly becoming accustomed to many of the online tools that are commonplace in developed economies, and which don’t rely on face-to-face interactions. The UN is supporting this shift, as a way to help developing economies recover from the global economic crisis brought about by the COVID-19 pandemic.

UN praises resilience and vision of younger generation, marking International Youth Day  

Commemorating International Youth Day, top UN officials have called on leaders around the world to “do everything possible” to enable young people to reach their fullest potential.

Pandemic ‘inflicting multiple shocks’ on the young, threatens entire generation

Since the COVID-19 pandemic began, more than 70 per cent of students have been shut out of schools, universities and training centres, according to a new report issued on Tuesday by the UN’s labour agency.

Thailand’s COVID-19 response an example of resilience and solidarity: a UN Resident Coordinator blog

In January, Thailand became the second country to confirm a COVID-19 case but, since then, the country has shown remarkable resilience and, as of late July, there had not been any recorded cases of domestic transmission for nearly two months. Gita Sabharwal, the UN Resident Coordinator in Thailand, explains that this success is thanks to a combination of government action, social responsibility and community solidarity. 

Health must come before the economy, insists top UN official for Latin America and the Caribbean

In Latin America, where much of the region has dealt with years of sluggish growth, the economic crisis brought about by the COVID-19 pandemic is pushing millions more into poverty, says Alicia Bárcena, the head of the UN regional body for Latin America and the Caribbean (ECLAC).

Ravages of acute hunger will likely hit six in 10 in Zimbabwe: WFP

The World Food Programme (WFP) is urgently seeking more international support to prevent millions of Zimbabweans plunging deeper into hunger. The COVID-19 pandemic has aggravated an already severe hunger crisis in Zimbabwe, UN humanitarians warned on Thursday.

COVID-19 is not just seasonal, cautions WHO, as ‘first wave’ continues

The COVID-19 virus is likely not impacted by the changing seasons like other respiratory diseases, the UN health agency said on Tuesday, before urging much greater respect for physical distancing measures to stop it spreading.

Trade pact could boost Africa’s income by as much as $450 billion: World Bank

The African Continental Free Trade Area represents a major opportunity for countries to boost growth, reduce poverty, broaden economic inclusion and help “expand opportunities for all Africans”, hailed a World Bank official on Monday, which if fully implemented, could boost regional income by around $450 billion.

COVID-19 means development setbacks for Mongolia: a UN Resident Coordinator blog

Mongolia has recorded very few cases of COVID-19, less than 300 to date, despite its more than 4,000 kilometre porous border with China. However, the country faces a major economic impact from the pandemic, says Tapan Mishra, the UN Resident Coordinator in Mongolia.

'Temporary Basic Income' could slow COVID surge, provide lifeline for world’s poorest

The immediate introduction of a Temporary Basic Income for the world’s poorest people could slow the current surge in COVID-19 and enable close to three billion people to stay at home, according to a United Nations Development Programme (UNDP) report released on Thursday.