{"id":3341,"date":"2024-06-14T00:08:00","date_gmt":"2024-06-14T00:08:00","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3341"},"modified":"2024-06-14T00:08:00","modified_gmt":"2024-06-14T00:08:00","slug":"the-commitment-to-reducing-inequality-index-2022","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/the-commitment-to-reducing-inequality-index-2022\/","title":{"rendered":"The Commitment to Reducing Inequality Index 2022"},"content":{"rendered":"<p>New index shows governments worldwide stoked an inequality explosion during COVID-19 pandemic<\/p>\n<p>Half of the poorest countries saw <a href=\"https:\/\/exam.pscnotes.com\/health\">Health<\/a> spendings drop despite the pandemic, while 95 percent of all countries froze or even lowered taxes on rich people and corporates<\/p>\n<p>Rich and poor countries alike have exacerbated an explosion of economic inequality since the outbreak of the pandemic from 2020, reveals new research by Oxfam and Development Finance International (DFI).<\/p>\n<p>The overwhelming majority of governments cut their  of health, <a href=\"https:\/\/exam.pscnotes.com\/education\">Education<\/a> and social protection spending. At the same time, they refused to raise taxes on excessive profits and soaring wealth.<\/p>\n<p>The<u>2022 Commitment to Reducing Inequality Index<\/u>(CRI Index) is the first detailed analysis into the type of inequality busting policies and actions that 161 countries might have pursued during the first two years of the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New index shows governments worldwide stoked an inequality explosion during COVID-19 pandemic Half of the poorest countries saw Health spendings drop despite the pandemic, while 95 percent of all countries froze or even lowered taxes on rich people and corporates Rich and poor countries alike have exacerbated an explosion of economic inequality since the outbreak &#8230; <a title=\"The Commitment to Reducing Inequality Index 2022\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/the-commitment-to-reducing-inequality-index-2022\/\" aria-label=\"Read more about The Commitment to Reducing Inequality Index 2022\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[846],"class_list":["post-3341","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-16-17-10-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Commitment to Reducing Inequality Index 2022 - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/the-commitment-to-reducing-inequality-index-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Commitment to Reducing Inequality Index 2022\" \/>\n<meta property=\"og:description\" content=\"New index shows governments worldwide stoked an inequality explosion during COVID-19 pandemic Half of the poorest countries saw Health spendings drop despite the pandemic, while 95 percent of all countries froze or even lowered taxes on rich people and corporates Rich and poor countries alike have exacerbated an explosion of economic inequality since the outbreak ... 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