Home Breaking News Sánchez announces 400 million euros from Spain to help the poorest countries

Sánchez announces 400 million euros from Spain to help the poorest countries

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Sánchez announces 400 million euros from Spain to help the poorest countries

The President of the Spanish Government, Pedro Sánchez, announced Monday before the G20 that Spain would commit 400 million euros allocated to the World Bank entity which provides aid to the poorest countries.

Sánchez made this announcement in front of the rest of the G20 leaders in his speech during the first session of the summit of this group of countries, held in Rio de Janeiro, dedicated to solving the problem of hunger and poverty in the world .

The leaders’ interventions, except for the host, Brazilian President Luiz Inácio Lula da Silva, took place behind closed doors, but Spanish government sources reported Sánchez’s announcement.

More specifically, he argued that Spain ‘ready to set an example’ in the fight against hunger and poverty and will devote 400 million euros to the next replenishment of the International Development Association, which is the entity of the World Bank that helps the poorest countries.

Thus, according to sources indicated to laSexta, Sánchez declared that “around 733 million people suffered from hunger in 2023, while around 712 million people lived in extreme poverty in 2022, or 23 million more than in 2019.” “These figures are unacceptable and completely avoidable with the means at our disposal,” he added.

Furthermore, the head of the Executive insisted on the fact that “Climate change kills” like “we just saw it in my country”. “That is why I call on all G20 countries to provide the necessary momentum to ensure a successful negotiation at COP29 that accelerates the implementation of the Paris Agreement and ensures sufficient funding from a wide range sources and contributors,” he said.

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