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25 Aug 22
The economic impacts of the Covid-19 pandemic have put the brakes on reducing extreme poverty in the Asia Pacific region, economists at the Asian Development Bank have said.
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3 May 22
The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.
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11 Jan 22
More than 15 Democrats Congress members have urged Treasury secretary Janet Yellen to vote in favour of abolishing the International Monetary Fund’s high fees for long-term debtors , amid fears it...
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30 Sep 21
More than 75% of Venezuelans now live in extreme poverty, fuelled by the nation’s economic crisis, a study has claimed.
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17 Sep 21
World Bank economists have urged Bangladesh to redirect social protection schemes towards the urban poor, saying the move could cut the extreme poverty rate from 22% to just 4%.
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4 Dec 20
One-in-seven people worldwide could be left with less than $1.90 a day to live on in the wake of the economic crisis caused by Covid-19, a UN study has warned.
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8 Oct 20
Extreme poverty is set to rise around the world for the first time in more than 20 years as Covid-19 continues to weigh on the global economy, the World Bank has warned.
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7 Jul 20
Global poverty is rising despite “triumphalism” about its perceived decline, according to a global report from a former United Nations official, who also released specific reports on Malaysia and...
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28 Feb 20
Urgent development efforts are needed in fragile and war-torn countries in order to step up the global fight against extreme poverty, the World Bank has said.