"The coronavirus united the world in fear but has divided it in response," said Oxfam Executive Director Gabriela BucherMore than a third of the world's population - some 2.7 billion people - has not received government aid during the coronavirus pandemic, Oxfam said on Tuesday, with gaping differences between rich and poor countries. An analysis of World Bank data conducted by the Nairobi-based charity found that while $9.8 trillion of aid was spent by 36 wealthy nations, 59 low-income countries spent only $42 billion to cope with the economic fallout of the pandemic.
It also found that rich countries have spent at the rate of $695 per person, whereas low-income and emerging countries have spent at a per capita rate of between $28 to as low as $4. Moreover, the world's wealthiest nations have only increased aid to developing countries by $5.8 billion, the study showed. "The coronavirus united the world in fear but has divided it in response," said Oxfam Executive Director Gabriela Bucher.