Economic distancing: 60 million face extreme poverty – World Bank
The coronavirus pandemic and its economic consequences could push as many as 60 million people into extreme poverty.
The World Bank warns that the progress made over the past three years in the fight against poverty could be wiped out. Living on less than $1.90 per person per day is how the financial institution defines extreme poverty.
Nevertheless, its President, David Malpass, welcomes the efforts made so far: $5.5 billion in emergency aid to 100 developing countries.
He says rapid respon…
READ MORE : http://www.africanews.com/2020/05/21/economic-distancing-60-million-face-extreme-poverty-world-bank
Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans.
Africanews is the first pan-African multilingual media outlet, unique in its concept and vision.
Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent.
Africanews is available in English and French.
Website : www.africanews.com
Facebook : https://www.facebook.com/africanews.channel/
Twitter : https://twitter.com/africanews