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Of: TT
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Photo: Ludovic Marin / AP / TT
Microsoft founder and philanthropist Bill Gates. Stock Photography.
The effects of the corona pandemic have ended 25 years of global progress toward poverty and better health in the world, according to a report by the Bill and Melinda Gates Foundation.
– It’s a big setback, says Microsoft founder and philanthropist Bill Gates in a presentation of the findings.
According to the report, extreme poverty has increased by seven percent since the pandemic struck. Additionally, vaccine coverage, a good indicator of how well health systems are working overall, has fallen to its lowest levels since the 1990s.
The report is based on the UN global goals for sustainable development and finds that development has slowed during the year in almost every point. The economic consequences affect already disadvantaged groups more, such as women, minorities and the world’s poorest.
– After 20 consecutive years of reducing extreme poverty, we have now seen a change, says Mark Suzman, executive director of the Gates Foundation for Spouses.
– Almost 40 million people have fallen back into extreme poverty. It’s been more than a million a week since the virus struck.
Bill Gates says, however, that he is hopeful that development could pick up again in a few years, although another fear is that now there is fear that support from richer countries to poorer countries will decline. In an interview with Svenska Dagbladet, he praised Sweden for not giving in to such a temptation.
– Sweden is a very generous donor who, together with Norway, leads with 1 percent of GNI. I wish all donors were so generous. But anything above 0.7 percent is great, says Gates.
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