By the end of the year, it will be 860 million people around the world who live on less than $1.90 a day, 260 million more than today. These calculations have been made by Intermón Oxfam on the basis of the decisions taken at the meetings that the World Bank and the International Monetary Fund have held this spring.

"If the G20, the International Monetary Fund and the World Bank do not take immediate action, inflation, imbalances and COVID-19 will lead 260 million people to extreme poverty by 2022."

Only the increase in food will cause 65 million people to plunge into poverty, as will the countries of the United Kingdom, Germany, France and Spain. That will happen in the regions where hunger is experienced, in East Africa, in the Sahel, in Yemen and in Syria.

Since Intermón Oxfam, they have also denounced the increase in gender inequalities: "In 2021 there are already 13 million women fewer paid jobs than in 2019; for men, the 2019 rate had recovered by 2021."

They call for radical measures to avoid the situation they describe as a disaster: "An annual wealth tax - 2% for billionaire fortunes and 5% for billions - would generate every year 2.52 billion dollars worldwide, enough 2.3 billion to eradicate poverty, vaccinate all the world's inhabitants and offer universal health and social protection in poor countries," Oxfam explained. They applauded the action taken by Argentina in this regard, and they criticised the decision.

They have recalled that many countries will not be able to pay foreign debt this year and that they will continue to reduce their public services in order to pay these unjust debts to the colonizing countries. They are calling for these debts not to be paid to poor countries.