More: Poverty
World Bank Group to Boost Nigeria’s Efforts to Reduce Poverty
The World Bank Group (WBG) discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 and approved a $1.5-billion package to help...
COVID-19 could see over 200 million more pushed into extreme poverty
An additional 207 million people could be pushed into extreme poverty by 2030, due to the severe longterm impact of the coronavirus pandemic, bringing the...
Revealed: The cost of the pandemic on world’s poorest countries
More than 32 million of the world’s poorest people face being pulled back into extreme poverty because of COVID-19, leading UN economists said on...
Ethiopia Achieved Positive Poverty Reduction but Inequalities Persist
Over the last two decades, Ethiopia has registered fast economic growth which has led to significant national poverty reduction. However, there were significant differences...
COVID-19 and Low Oil Prices Push Millions of Iraqis into Poverty
The twin shocks of COVID-19 pandemic and the collapse of oil prices have caused significant economic challenges and pushed millions of Iraqis into poverty,...
Lao PDR: Poverty Continues to Decline but Progress under Threat
Lao PDR has made remarkable progress in reducing poverty over the past 25 years, with the proportion of the population living in poverty falling...
World Bank-UNICEF: 1 in 6 children lives in extreme poverty
An estimated 1 in 6 children – or 356 million globally – lived in extreme poverty before the pandemic, and this is set to...
MENA: Global Action is Urgently Needed to Reverse Damaging Jumps in Extreme Poverty
For the second time, the rate of extreme poverty in the Middle East and North Africa (MENA) region jumped again, nearly doubling between 2015...
Malawi after a bitterly contested election and COVID-19
As a sign of accountability Malawi’s new president Dr. Lazarus Chakwera promised to declare his assets perennially during his swearing-in ceremony on July 6,...
World’s poorest being pushed ‘closer to the abyss’ of famine
Hunger threatens to soar to devastating levels in 25 countries in the coming months due to the impact of the global COVID-19 pandemic, the...