“Extreme poverty” is defined as living on less than $1.90 a day. So somebody who has 5 cents more income - $1.95 a day - is no longer living in extreme poverty. Such is the poverty of statistics and its distance from actual reality.
A phenomenal rise in extreme poverty has been accompanied by an upsurge in the incomes of the world’s billionaires and the super-rich. The paradox of poverty amidst plenty is being blamed largely on the coronavirus pandemic which has driven millions, mostly in the developing world, into a state of perpetual poverty.