economic crises faced by international organization during covid
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Prior to the COVID-19 crisis, levels and trends in domestic revenues and external flows to developing economies were already considered insufficient to support the Sustainable Development Goals (SDG). With high levels of public debt and additional pressures induced by the pandemic on all major sources of development finance, low- and middle-income countries may struggle to finance their public health, social and economic responses to COVID-19. Early observations point to massive debt and equity outflows from developing economies that accompany a drop in remittances, and ripple effects on domestic finance already solicited by the unfolding public health and economic crises.
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WHO(World health organization)
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