“Covid-19 potentially catastrophic for millions who already faced poverty. Lockdowns and economic recession are expected to lead to a major loss of income among the working poor. We need the global effort to beat this pandemic,” Beasley said.
He also noted that 135 million people facing crisis levels of hunger or worse, due to the Coronavirus, an additional 130 million people could be pushed to the brink of starvation.
According to him, starvation is a real and possible threat as millions of civilians of countries suffered from conflicts are on the verge of starvation.
“If we don’t prepare and act now – to secure access, avoid funding shortfalls and disruptions to trade - we could be facing multiple famines of biblical proportions within a short few months,” he said.
As we reported, the IMF stated that the pandemic of coronavirus would lead to lower living standards in 170 countries. The global economic activity will decline in record level not seen since the Great Depression.