Economic and Social Council: Press Release


ECOSOC/7039

With the number of new COVID-19 cases around the world nearly doubling over the past two months — approaching the highest infection rate observed during the pandemic — the unequal distribution of vaccines is not only a moral outrage, but economically and epidemiologically self-defeating, the head of the United Nations health agency told a special ministerial meeting of the Economic and Social Council today.

ECOSOC/7037

Poor countries are facing severe setbacks on their development paths, encumbered by ballooning debts, high risks of default and limited ability to inject desperately needed liquidity into their markets, economic experts told the Forum on Financing for Development today, as they offered ideas for ensuring a more equitable global recovery from the pandemic during three interactive panels.

ECOSOC/7036

The Economic and Social Council continued its annual Forum on Financing for Development today, holding two interactive panel discussions, during which speakers proposed potential solutions to COVID-19’s devastating impact on infrastructure investment — lagging even before the novel coronavirus struck — and sought ways to avoid a global post-pandemic recovery that leaves some behind.