After the Covid-19 outbreak, the number of “extreme poor” in the world may exceed 1 billion
According to a study by the United Nations, after the Covid-19 outbreak, 400 million more people in the world may fall into “extreme poor”.
Most of these people are expected to be from south and east Asia.
The worst scenario is that per capita income will drop by 20 percent. This means that the number of people living with less than $ 1.90 per day (less than about 13 lira) can exceed 1 billion.
Daily earnings of more than half of the world’s population and 3.7 billion people may fall below $ 5.5.
“If governments do not do more urgently and do not compensate for the poor’s daily income loss,” said Andy Sumner, one of the reporters, of the world’s poorest. He said this would take back poverty reduction efforts by 20, 30 years.