From the article:
“…LMICs will therefore need more funding than usual, to deal with the aftermath of the pandemic, and to rebuild health systems and economies. At the same time, the pandemic could deplete the economies of LMICs, and make them more dependent on international aid. HICs, having suffered huge economic losses, could use Covid-19 as the excuse to cut development assistance for health, and recast global health as a narrow mandate focused on ‘national security’.
‘Economies worldwide will be substantially weakened, so the evolution of low-income to middle-income country status will slow down or reverse, and - even while more is needed - broader development assistance will be at risk, said Amanda Glassman, vice president and senior fellow at the Center for Global Development…’”
