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Chilima calls for speed in rescuing low income nations

Vice-President Saulos Klaus Chilima has called on developed nations to expedite delivery of solutions to challenges facing Least Developed Countries (LDCs) due to various unforeseen events they faced in the last three years.

He said this during a press conference in New York in United States after the launch of an International Labour Organisation (ILO) Report that reveals various challenges surrounding employment globally.

Chilima: Solutions need to be human-centered

The report titled ‘Present and Future Work in the Least Developed Countries’, attributes the challenges facing the countries to, among others, Covid-19, natural disasters and climate change.

Chilima, who was accompanied by ILO director general Guy Ryder, said Covid has impacted all countries and its effects have left a deep scratch on the least-developed economies

He said: “The coronavirus caused loss of jobs for many people across the globe, and in the least developed countries we have seen that the economies are up again, some works such as construction have resumed and this has created many jobs which are accommodating those that lost theirs.”

Chilima said for the assistance developed countries give to developing countries to be meaningful, there is need for debt cancellation and placement of protection measures for LDCs from further recessions.

In his remarks, Ryder commended LDCs for the efforts they are making in these hard times, echoing the call for a quick financial bailout.

He said: “We have to think about the great differential divergence that is there between developed and LDCs which are failing to pick up so fast due to the inequalities in the economic system that have just been revealed by the event of the coronavirus.”

The report also highlights good practices, opportunities, and challenges of national development plans in LDCs in terms of decent work, structural transformation and social protection.

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