Covid pandemic could push more than a BILLION people worldwide into extreme poverty, UN warns ...News

Economy by : (Russia Today) -
Another 207 million people could be driven into extreme poverty by the severe long-term impact of the coronavirus pandemic, bringing the total number to more than one billion by 2030, warns the UN. According to a new study from the United Nations Development Program (UNDP) released this week, a “high-damage” scenario would mean a protracted recovery from the pandemic. The report anticipates that 80 percent of the pandemic-induced economic crisis would persist for over a decade, stalling the pre-pandemic growth trajectory.  A “baseline Covid” scenario, based on current mortality rates and the most recent growth projections by the Intern

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