Least developed countries need better plans

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People carry bags of food on their heads during a mass looting of a warehouse that have Covd-19 food palliatives that were not given during lockdown to relieve people of hunger, in Abuja, Nigeria, on 26 October, 2020.
People carry bags of food on their heads during a mass looting of a warehouse that have Covd-19 food palliatives that were not given during lockdown to relieve people of hunger, in Abuja, Nigeria, on 26 October, 2020.
Kola Sulaimon / AFP

BUSINESS

The outbreak and prolonged nature of the Covid-19 pandemic has devastated the economies of the least developed countries (LDCs), largely because of the global economic downturn and the restrictive lockdown measures adopted by these countries.

The impact of the health crisis included a sharp decline in the already low standards of living, even higher poverty rates and increased unemployment rates.

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