Financial Transparency Coalition

Many sectors in India are still grappling with the multi-dimensional impact of COVID-19 pandemic.

Latin America was one of the hardest hit regions by the pandemic in health, social and economic terms. In 2020, 44 million jobs were lost and 22 million people were pushed into poverty, adding to the 187 million poor in the continent.

G20 leaders met in Indonesia in the midst of multiple crises, with 85 percent of the world population expected to face austerity measures and severe budget cuts next year that will impact the most vulnerable compounded by an insufficient response to the Covid-19 pandemic, with only 38 percent of relief funds going to social protection in global South countries.