Wednesday, October 17, 2018

Figures on Poverty

Despite progress in reducing extreme poverty, nearly half the world's population lives on less than $5.50 a day, with a rising share of the poor in wealthier economies, the World Bank said. In Sub-Saharan Africa, where 84.5 percent of the population still live on less than $5.50 a day, the report said. 


 Despite progress in reducing extreme poverty, nearly half the world's population lives on less than $5.50 a day, with a rising share of the poor in wealthier economies, the World Bank said 

"Particularly distressing findings are that extreme poverty is becoming entrenched in a handful of countries and that the pace of poverty reduction will soon decelerate significantly," the report said. 
https://economictimes.indiatimes.com/news/international/business/nearly-half-the-world-lives-on-less-than-5-50-a-day-world-bank/articleshow/66256498.cms

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