United Nations: Covid plunged 77 million into poverty before Ukraine war : The Tribune India

United Nations: Covid plunged 77 million into poverty before Ukraine war

United Nations: Covid plunged 77 million into poverty before Ukraine war

Medical workers wave at residents during their farewell ceremony in Changchun, China, on Wednesday. Reuters



United Nations, April 13

The Covid pandemic plunged 77 million more people into extreme poverty last year and many developing countries can't recover because of the crippling cost of debt repayments — and that was before the added impact of the war in Ukraine, a UN report said Tuesday.

The report said rich countries could support their recovery from pandemic slumps with record amounts borrowed at ultra-low interest rates. But the poorest countries spent billions of dollars servicing their debts and faced much higher borrowing costs, preventing them from spending on improving education and health care, protecting the environment and reducing inequality. According to the UN, 812 million people lived in extreme poverty — on USD 1.90 a day or less — in 2019, and by 2021 amid the pandemic the number had risen to 889 million.

The report is on financing to achieve UN development goals for 2030, including ending poverty, ensuring quality education for all young people and achieving gender equality. — AP

#russia ukraine war #ukraine crisis #united nations

Tribune Shorts


Top News

Bilkis Bano moves Supreme Court challenging release of 11 convicts

Supreme Court to consider listing Bilkis Bano's plea against remission, release of rape, murder convicts

A bench comprising Chief Justice DY Chandrachud and Justice ...

Punjab police, BSF recover 5 AK-47 rifles, 5 pistols from Ferozepur

Punjab police, BSF seize 5 AK-47 rifles, 5 pistols in Ferozepur

It was a follow-up of the seizure of 13 kg heroine

No place for Jagmeet Brar and Manpreet Ayali in SAD core committee

No place for Jagmeet Brar and Manpreet Ayali in SAD core committee

Jagmeet Brar has called a press conference in Chandigarh on ...


Cities

View All