Question

write speech on the topic
Social and economic development of Bhutan after the 2nd wave of covid 19​

Answer 1

Answer:

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Explanation:

Introduction

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. In this challenging context, how can we avoid a development finance collapse that would send millions back into poverty, and compromise our capacity to reach the SDGs, our common blueprint for a stronger, fairer, and more sustainable world?

This note draws upon research carried out in the context of the OECD Global Outlook on Financing for Sustainable Development (OECD, forthcoming[1]) and outlines the current and projected impact of the COVID-19 pandemic on major sources of financing required to deliver support to developing economies