“Without immediate radical action, we could be witnessing the most profound collapse of humanity into extreme poverty and suffering in memory,” said Oxfam’s international executive director, Gabriela Bucher.
The rising price of food caused by Russia’s invasion of Ukraine and increased energy costs could push a quarter of a billion more people into extreme poverty, Oxfam has warned.
Indebted governments could be forced to cut public spending to meet the rising cost of importing fuel and food.
The World Bank had already estimated that 198 million people could be pushed into extreme poverty this year as a result of the pandemic.
But Oxfam estimates that 65 million more people are at risk if the invasion of Ukraine and rising energy prices are taken into account.
It also estimates that 28 million more people will be left undernourished as a result.
No comments:
Post a Comment