The loss of the world’s population due to the pandemic was estimated at $ 3.4 trillion

The loss of the world's population due to the pandemic was estimated at $ 3.4 trillion

All countries are currently under great pressure, and no country can stand alone, the UN said.
In 2020, as a result of the coronavirus pandemic, the world’s population suffered a loss of $ 3.4 trillion. This was stated by the chairman of the 74th session of the UN General Assembly, the representative of Nigeria, Tijani Muhammad-Bande, reports on Monday, May 4, Interfax.

“According to the International Labor Organization (ILO), because of the coronavirus pandemic in 2020, people around the world suffered losses of $ 3.4 trillion. All countries (…) Are currently under great pressure,” said Muhammad- Gang during a video conference of the contact group of the Non-Aligned Movement.

He also emphasized that no country in the world alone can stand up against such difficulties and called for joining forces to overcome the pandemic. For this, according to Muhammad-Bande, a new, sustainable system must be created that will end the wars in various countries.

“We called on the whole world to stop wars,” he said, noting that the crisis is now around the world.

Earlier, the IMF calculated that if the coronavirus does not spread around the world, and China resumes production soon, the global economy will lose only 0.1% of the projected growth for 2020.

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Recall that the Moody’s agency reported that COVID-19 could become a “black swan” and affect the global economy more than the financial crisis of 2008-2009.