If countries were to accept the plan, the United Nations or some similar coordinating agency would be given the equivalent of approximately 8.7 trillion USD, an unprecedented amount that would be 2,900 times greater than the UN’s annual budget of 3 billion USD. The proposed plan would effectively place a global agency, presumably the UN itself, in charge of propping up the economies of the world during the coronavirus crisis, placing it in charge of 10% of global income.