this briefing is provided to inform development of policy responses to the COVID-19 crisis and in support of calls from wider civil society for debt cancellations for the world’s poorest countries in the face of the current crisis.

The COVID-19 crisis has the potential to devastate the lives and livelihoods of 1.2-billion people in the 69 low-income countries covered by this briefing. Protection of the most vulnerable populations will require the adoption of measures at an unprecedented scale. This analysis builds on previous research by Eurodad.  It provides an initial estimate of the emergency financing requirements faced by 69 countries in 2020 as a result of the current crisis. Furthermore, it considers the implications of different policy proposals currently under consideration in terms of the scale, conditions and efficiency of the use of multilateral resources.

This analysis provides cost estimates for the impact of the crisis and emergency financing requirements for 69 Low Income Economies (LIEs2) in 2020 under three different scenarios.

Report by Eurodad