Has COVID-19 pandemic proven more hostile to developing economies?

January 19, 2022 04:14 AM AEDT

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Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023.

*As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries have still not reached the 10% mark.

*Amid rising inflation, many emerging and developing economies, some knee-deep in debt, would withdraw policy support before the recovery is complete.