Thursday, May 14, 2020
Language:
English

COVID-19 will push 130 million into poverty by 2030, UN report shows

Global economic losses will likely cause an estimated 34.3 million additional people to fall below the extreme poverty line in 2020, derailing shaky progress on the 2030 development agenda, a new U.N. report on the world economic situation shows. Approximately 56% of the rise in poverty will occur in African countries, the report finds. And an additional 130 million people may live in extreme poverty by 2030, presenting a major setback for the Sustainable Development Goals, which aim to eliminate poverty and improve other health and inequality measures by the end of the decade. Read More