UN appeals for $10.3bn to fight virus

Addis Ababa, July 17, 2020 (FBC) – The United Nations is making an appeal for 10.3 billion US Dollars to help fight the coronavirus pandemic, its largest ever fundraising call.

The UN says up to 265 million people could face starvation by the end of the year because of the impact of Covid-19.

The money will be for used for low income and fragile countries.

The UN warned that failure to act could undo decades of development. It initially asked for $2 billion in its first coronavirus appeal in March.

This revised appeal is a record, but, the UN says, wealthy countries have thrown away the financial rule book to protect their own economies, and must now do the same for poorer nations.

If they do not, the UN warns, the world faces a series of crises, with millions pushed into starvation.

Source: BBC