The United Nations Secretary-General, António Guterres, has announced the creation of a fund for addressing the global coronavirus pandemic – and he is simultaneously asking nations to contribute the equivalent of at least 10 percent of the annual income of the entire planet to a massive “human-centered, innovative and coordinated stimulus package” that would be administered at the international level.
“COVID-19 is the greatest test that we have faced together since the formation of the United Nations,” said António Guterres, Secretary-General of the United Nations. “This human crisis demands coordinated, decisive, inclusive and innovative policy action from the world’s leading economies – and maximum financial and technical support for the poorest and most vulnerable people and countries.”
Watch the launch of the report "Shared responsibility, global solidarity: Responding to the socio-economic impacts of COVID-19" by UN Chief António Guterres below.
Read the full U.N. press release below.