Poor people are all over but the economy does not recognize them: Muhammad Yunus
Muhammad Yunus, on Friday said the coronavirus pandemic has given the world a chance to reflect and take "outrageously" bold decisions
New Delhi: Muhammad Yunus on Friday said that the coronavirus pandemic has given the world a chance to reflect and take bold decisions to create a new order where there is no global warming, no wealth concentration and no unemployment.
In a conversation with Congress leader Rahul Gandhi, Yunus called for making a new beginning towards a system that will create space for the informal and rural economy and all sections of society.
Yunus said, "Financial systems are designed in wrong ways. Covid has revealed the weaknesses now. Poor people are all over but the economy does not recognize them. If we can finance them they will move up the ladder. We are engaged with the formal sector."