Poorest countries will suffer most from Covid downturn, says UN
by Larry Elliott from on (#5FG84)
Unctad agency says international cooperation has fallen well short of what is needed given scale of crisis
The UN has said the poorest and most vulnerable countries will be the biggest losers from a pandemic downturn that will leave the global economy nursing $10tn (7.2tn) of losses by the end of the year.
Despite becoming the latest international body to revise its growth forecast for 2021 upwards, the UN's conference on trade and development (Unctad) said there were signs the pandemic would end with pre-crisis problems unresolved.
Related: Uneven recovery from Covid recession could hit poorer countries hard | Kenneth Rogoff
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