Life is More Precious Than Debt
re posted from AFRICA AND THE WORLD
Ethiopian & Nigerian Leaders Want Debt Cancellation; UNGA President: Infrastructure for Food and Health
May 7 , 2020
Human life in Africa is threatened more by the COVID-19 pandemic than any other continent due to the appalling living conditions for the majority of the population. During lock-down conditions, millions of Africans are faced with the choice of trying to just subsist day by day working in the informal economy to make enough money to feed one’s family or stay home and go hungry. However, the informal economy itself is part of the problem, since it no health insurance, no unemployment insurance, and income is precarious at best. The very existence of the informal economy is a malignancy on the economy that should have been eliminated decades ago.
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