Guterres: world in the worst economic crisis for a century

Guterres: world in the worst economic crisis for a century

The economic crisis following the coronavirus pandemic has become the worst for almost a century, UN Secretary-General Antonio Guterres said in his video statement during the Davos Agenda summit.

"More than 2 million people have died, and we are in the worst economic crisis for nearly a century," he noted.

At the same time, the world has an opportunity in 2021 to use the recovery "from the COVID-19 pandemic to move from fragilities to resilience," the UN chief says. "Governments, international organizations, the private sector and civil society need to work together," TASS cited Guterres as saying.

"In 2021 we must address these fragilities and put the world on track," the UN Secretary-General added.

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