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China poverty rate 2022 World Bank

Colombia - Literacy Rate, Adult Total (% Of People Ages 15

this report do not necessarily reflect the views of the Executive Directors of the World Bank or the Chinese government. Questions and feedback can be addressed to Li Li (lli2@worldbank.org). Poverty headcount in 2020 is expected to remain unchanged or even increase.. 25 Figure 14. the return of the People's Bank of China (PBOC. China and the World Bank Group have worked together for over 40 years. The WBG's new Country Partnership Framework (CPF) for FY2020 to 2025, issued in December 2019, reflects the evolution of the Bank Group's relationship with China toward a decline in lending and a more selective engagement in line with the capital increase commitments agreed to by its shareholders in 2018 World Bank Support for Country Access to COVID-19 Vaccines WHO WE ARE With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries

China Overview - World Ban

China Economic Update - July 2020 - World Ban

  1. East Asia and Pacific remains the world's growth engine despite a challenging external environment, with developing economies growing by 7.2% in 2013. The proportion of people living in poverty in the region has steadily declined—less than 10% of the population lives on $1.25 a day—but much more needs to be done as there are still close to half a billion people living on $2 a day
  2. The March 2020 global poverty update added more than 200 new surveys to PovcalNet, bringing the total number of surveys to more than 1,900.New poverty estimates for the reference year 2018 are now included for some regions, and the previously published global and regional estimates from 1981 to 2015 have been revised, reflecting data revisions and the availability of new data
  3. Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) 2000 8 26 44 World. Poverty headcount ratio at national poverty lines (% of population) 0 21.1 42.1. Survey mean consumption or income per capita, bottom 40% of population (2011 PPP $ per day) 0 6.47 12.90
  4. Nineteen countries worldwide have poverty rates over 50%. Organizations such as World Bank and World Vision are actively working to reduce poverty around the world. According to World Bank, the countries with the highest poverty rates in the world are: South Sudan - 82.30%; Equatorial Guinea - 76.80%; Madagascar - 70.70%; Guinea-Bissau - 69.30%.

China Data - World Ban

China Economic Update, July 2020 - World Ban

The World Bank recommends the higher benchmark of $5.50 a day to gauge poverty in upper-middle income economies. Advertisement Raiser estimates that around 13 per cent of China's population. Sources: China National Bureau of Statistics (2015), Poverty Monitoring Report of Rural China, China Statistics Press; the data for poverty by USD 1.9 per day is from PovcalNet: the online tool for poverty measurement developed by the Development Research Group of the World Bank China reduced its extreme poverty rate from 57 percent in 1993 to under 1 percent in the most recent household survey year. India's achievement was not as dramatic, but still substantial: it halved its extreme poverty rate between 1993 and 2011 and its 2017 rate is estimated to be just above the world average of 9.2 percent

Poverty & Equity Data Porta

  1. Understanding poverty is thus fundamental to understanding how societies can progress. Reducing poverty and inequality are central to the UN's Sustainable Development Goals (SDGs) and the World Bank Group's twin goals for 2030: ending extreme poverty and promoting shared prosperity in every country in a sustainable manner
  2. Located on Africa's west coast, Togo is bordered by Ghana, Benin, and Burkina Faso and is home to approximately 7.8 million people. Although the poverty rate fell from 61.7% in 2006 to 53.5% in 2017, poverty and inequality remain extremely high, particularly in rural areas where 69% of households were living below the poverty line in 2015
  3. If China achieves its 2020 goal, it would be 10 years ahead of the United Nations Sustainable Development Goals' target of ending global poverty by 2030. China is also the first developing country to meet the UN's Millennium Development Goals (MDGs) target of reducing the population living in poverty by half ahead of the 2015 deadline
  4. 1. Following a collapse in 2020 Q1, China's output has quickly rebounded. In China, which has kept new infections at a low rate, GDP is estimated to have expanded by 2 percent in 2020—about 4 percent below potential
  5. drop in the growth rate caused by the global COVID-19 pandemic, the international poverty headcount rate is expected to continue its decline, but only at a moderate rate to 33.1 percent in 2020 and 32.4 percent in 2021. The annualized consumption growth for the bottom 40 percent has been a satisfactory 2.86 percent per year betwee
  6. people were lifted out of poverty, according to World Bank data. (2020) and the human capit al variable is from Penn World PWT output and TFP growth rates for China are on average lower than ours, the two sets of variables are highly correlated (correlation of 0.78 for output growth and 0.70 for TFP growth) and tell a similar story over.
Ethiopia - Population Growth (annual %) - 1960-2019 Data

Before the pandemic, the extreme poverty rate was expected to drop to 7.9 percent in 2020. However, it is now likely to affect between 9.1 to 9.4 percent of the world's population. The World Bank says that by 2021, as many as 150 million people could become extremely poor. While the coronavirus pandemic is a new obstacle, conflicts and. Headcount poverty in the US and China, 1920-2020 the World Bank's man in China, Using a poverty line of $21.70 a day, poverty rates fell from 78 to 23 percent (Figure 1).. GDP growth (annual %) - China. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. None. Aggregates. Same region. Similar values In 2010, China set its new poverty line at 2,300 yuan per person per year, about 6.3 yuan ($0.94) per person per day. As of October 2015, the World Bank adopted a new global extreme poverty line of $1.90. With about a $1 difference between the two poverty line, some have drawn the conclusion that China is shifting the goalpost

Poverty — and perhaps a more pressing problem, inequality — will remain a challenge post-2020. As of 2018, 17% of China's population (237.2 million people) still lived under the World Bank. To predict poverty in the former we use the GEP growth forecasts from January 2021, and for the pandemic free world, we use GEP growth forecasts made in January 2020. It is important to note that while we are now 'looking back' at 2020, our estimates are still relying on extrapolations of household surveys that pre-date 2020 incidence of poverty rapidly declined in China as Table 2 indicates. All figures estimated by the World Bank in this table are based on the national poverty line, which can be translated into 60¢ a day per capita in 1985 PPP$.8 Accordingly, between 1978 and 1985, total population living below the national poverty line declined from 260 million t FIGURE 2 Liberia / Actual and projected poverty rate and real private consumption per capita Sources: World Bank staff calculations based on IMF and CBL data. Source: World Bank. Notes: see table 2. Liberia's economy is expected to recover in 2021 as economic activity picks up following the lifting of lockdown measures in the second half of 2020

Guizhou was the final provincial-level area to declare victory over absolute poverty. China has set the goal of eliminating extreme poverty by the end of 2020. The country's poverty line stands at 2,300 yuan per year at 2010 prices or a little less than a dollar a day. In 2013, one in every three counties in China was labeled poverty-stricken That estimate is up sharply from the bank's May report, when it projected that an additional 60 million people would likely be pushed into extreme poverty in 2020. And the total number of people. Latest Poverty and Equity Brief (pdf) For the Spring 2020 version, click here. POVERTY TREND (BY INTERNATIONAL STANDARDS): PEOPLE LIVING ON LESS THAN INTERNATIONAL POVERTY LINE. Select a Poverty Line International Poverty Line ($1.90) Lower Middle Income Poverty Line ($3.20) Upper Middle Income Poverty Line ($5.50 China's poverty eradication programs have ensured that more than 70 million people have been elevated from extreme poverty in the last five years. In 2020, China's goal for 30 million people to benefit from poverty alleviation schemes is on course with the exodus of the poor population into towns Poverty rates at international poverty lines ; International poverty lines. Population below $1.90 a da

Malaysia's economy is projected to contract in 2020 because of the COVID-19 pandemic and associated economic disruptions, with GDP forecast to decline in the range of 0.1 to 4.6 percent. As a result, the poverty rate at the US$ 5.50 (2011 PPP) poverty Poverty & Equity Brief Malaysia East Asia & Pacific April 2020 3.1 71.0 810.9 POVERTY Perio $1.90/day poverty line for all countries; and 135 million new poor, using $1.90/day for low-income, $3.20/day for lower-middle-income, and $5.50/day for upper-middle- and high-income countries). This will make 2020 the first year since 1998 that the global rate of poverty will increase (Mahler et al. 2020; World Bank 2020c)

1.9 Poverty Rates and Number of Poor, US$3.20-a-Day and US$5.50-a-Day Poverty Lines, Sub-Saharan Africa, 1990-2018 41 1.10 Global Societal Poverty Rate and Number of Poor, Compared with International Poverty Line Estimates, 1990-2017 42 1.11 Societal Poverty Rates, by Region, 1990-2018 43 1.12 Correlation between Monetary an Rate (%) National Poverty Line 30.3 55.5 2014 International Poverty Line 12 in South African rand (2014) or US$1.90 (2011 PPP) per day per capita April 2020 10.3 20.5 31.1 POVERTY Period Poverty Economist: Victor Sulla (million) Number of Poor 2014 2014 2014 18.9 37.6 World Bank using LCS/SSAPOV/GMD Source: World Bank using LCS/SSAPOV. 62,732. Current escape rate. 0.8 people/sec. Fell into poverty today. 16,625. Off-track SDG1. 233,665,396. Interactive poverty map. Pinch to zoom in the map and touch the country to get more details about the status of its poverty World Banks Sees PH Poverty Rate To Fall Below 20% Starting 2020. Easing inflation and rising incomes are teaming up to bring poverty rate in the Philippines below 20 percent starting in 2020, according to World Bank projections. The World Bank's Macro Poverty Outlook for East Asia and the Pacific released a report this week indicating that. The 6,000 yuan figure breaks down to around $2.40 a day - which is above the World Bank's international poverty line of $1.90. China's mega-dump already full - 25 years earl

Bank and the IMF's World Economic Outlook (WEO) to examine thepotential impact of the pandemic on poverty in SSA. The methodology we use resembles that in Mahler et al. (2020). 4. The shock to GDP is defined as the difference in the 2020 GDP growth rate between the most recent World Bank projections and the Fall 2020 vintage of the WEO World Bank rivals China in the overall scale and consequence of its lending to developing country governments (Horn et al., 2019).2 Second, as the largest multilateral lender, the World Bank promotes a common set of behavioral norms related to public debt sustainability and encourages other official lenders to comply with these norms (World

Poverty Overview - World Ban

In 2016, poverty rate for China was 0.5 %. Poverty rate of China fell gradually from 31.7 % in 2002 to 0.5 % in 2016. Population below $1.90 a day is the percentage of the population living on less than $1.90 a day at 2011 international prices Significant economic pain seems unavoidable in all countries and the risk of financial instability is high, especially in countries with excessive private indebtedness. Several economies are expected to contract in 2020, which will lead to an increase in the poverty rate. Households linked to affected sectors will suffer more 1. Poverty Eradication Program under China's Thirteenth Five Year Plan (13th 5YP). The 13th 5YP sets a national-level goal of eliminating extreme rural poverty by 2020. Among its major objectives - as delineated in Chapter 3 of the Plan- it includes Improve standards of living and quality of life and, i Geography - note. note 1: world's fourth largest country (after Russia, Canada, and US) and largest country situated entirely in Asia; Mount Everest on the border with Nepal is the world's tallest peak above sea level note 2: the largest cave chamber in the world is the Miao Room, in the Gebihe cave system at China's Ziyun Getu He Chuandong National Park, which encloses some 10.78 million cu m.

China: poverty ratio 2020 Statist

End Poverty Day 2020: Surmounting Setbacks. On Oct. 17, the World Bank Group marked End Poverty Day with an Annual Meetings event. Larry Madowo, BBC North America correspondent and the host for this event, began by reminding the audience that the global extreme poverty rate will rise for the first time since 1998, according to the recently. The past two decades have seen a big fall in the number of people living on less than US$1.25 a day, the World Bank's international poverty threshold — down from 1.9 billion in 1990 to 1.4 billion in 2005. By this measure, the global poverty rate fell from 42 percent in 1990 to 25 percent in 2005, and may yet fall to 15 percent by 2015, or. The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. This was contained in a press statement titled, 'Critical reforms needed to reduce. The World Bank has published a stark warning - again - on the risk of those already near the breadline falling into poverty in 2020 and 2021. More than 100 million people are at risk of slipping below the poverty line just from the effects of the COVID-19 pandemic

Pakistan - Mortality Rate, Infant (per 1,000 Live Births

Graphics: Ending China's poverty by 2020 - CGT

MONROVIA - The World Bank has projected that an additional 335,000 to 526,000 Liberians are now at risk of falling below the poverty line in 2020. This disclosure is contained in the Bank's update report on the country's economy. The report was launched on Thursday at midday virtually The poverty rate in India likely rose to 9.7% in 2020, up sharply from the January 2020 forecast of 4.3%. Most people in India were in the global low-income tier in 2020. Some 1.20 billion people in India were expected to be in this tier in 2020 prior to the pandemic, accounting for 30% of the world's low-income population The all India poverty ratio is obtained as a state ‐population weighted average poverty ratio. The international poverty estimates are based on the $1.90 per person per day in 2011 PPP terms. The national PPP is disaggregated into rural and urban PPP to reflect cost‐of‐living differences in these areas. Gini Index Poverty rate (% End poverty in all its forms everywhere. An estimated 766 million people, or 10.7 percent of the world's population, lived in extreme poverty in 2013. In 2012 the extreme poverty rate stood at 12.4 percent globally, and over the year the number of people living below the international poverty line of $1.90 a day fell by 114 million

Coronavirus: World Bank cuts global growth estimate, but sees big Chinese recovery The world economy is projected to grow by only 4 per cent in 2021, though China's economy is expected to expand. The incidence of poverty in Angola as of 2019 based on a monetary measure of welfare (monthly food and non-food consumption expenditures per adult equivalent) is 32.3 percent at the national level. The incidence of poverty rates is almost three times higher in rural areas (54.7 percent) than in urban areas (17.8 percent)

early 2020. The unemployment rate declined from its peak of 14 percent in mid-2019 to 13 percent at end-2019, while poverty rates have stagnated. • The impact of COVID-19 is unfolding rapidly and is projected to be a drag on growth and household labor income in Turkey. The global disruption to trade, capital flight t China - From Poor Areas to Poor People : China's Evolving Poverty Reduction Agenda - An Assessment of Poverty and Inequality in China World Bank (2009-03-05) China's progress in poverty reduction over the last 25 years is enviable Islamabad: The World Bank has estimated that poverty in Pakistan has increased from 4.4 per cent to 5.4 per cent in 2020, as over two million people have fallen below the poverty line.Using the lower-middle-income poverty rate, World Bank estimated that the poverty ratio in Pakistan stood at 39.3 per cent in 2020-21 and is projected to remain at 39.2 per cent in 2021-22 and might come down to. The number of people living in poverty in developing East Asian and Pacific countries could increase for the first time in 20 years, a World Bank forecast showed on Monday. The bank said as many. The Thai poverty rate rose to 9.8% from 7.2% between 2015 and 2018, and the absolute number living in poverty advanced to more than 6.7 million from 4.85 million, the multilateral lender said in a.

Zimbabwe is the top country by poverty rate in the world. As of 2019, poverty rate in Zimbabwe was 39.5 %. The top 5 countries also includes Honduras, Colombia, Brazil, and Georgia. Population below $1.90 a day is the percentage of the population living on less than $1.90 a day at 2011 international prices 87% Nigeria's poverty rate in North - World Bank. Our Reporters. Published 11 February 2020. 2020, was described as a 'detailed analysis of the social protection sector' in the country The World Bank said Tuesday that the poverty incidence rate in the Philippines is seen to increase for 2020 due to the economic impact brought by the coronavirus disease 2019 (COVDI-19) crisis. We can expect an increase in poverty rate, World Bank senior economist in the Philippines Rong Qian told reporters in a virtual press conference

Oil-rich Nigeria can't seem to catch a break. From an unemployment rate forecast to rise to 33.5% by 2020, to a global pandemic that could push at least 5 million people into poverty and, a near 14% inflation rate as well as an impending recession, the Nigerian future looks dire in the coming months, according to multiple data and reports from several agencies including the World Bank and. The Ministry of Social Affairs in Lebanon estimates that 20 percent of the people who suffer from extreme poverty currently live below 4 dollars a day, compared to 8 percent in 2019. Dr. Bashir. National World Bank projects Nepal's economic growth for 2020-21 at 0.6 percent If Covid-19 disruptions persist and relief spending weakness growth could be as little as 0.1 percent, but in case a vaccine becomes available, it could go up to 2 percent, the multilateral lending agency says Beijing defines absolute poverty as surviving on less than $324 a year (2,300 yuan), lower than half the World Bank's more commonly used poverty line of just under $700 a year

The threshold set by China to define extreme poverty amounts to $1.69 a day at current exchange rates, compared to the World Bank's global threshold of $1.90, R news agency reports China is undergoing a campaign which is called The Targeted Poverty Alleviation Policy to eradicate extreme poverty from rural China until 2020. Though poverty in rural China has been studied intensively in different objective dimensions, little attention has been paid to poverty line settings and subjective poverty, which are hinged to the policy effects The March 2021 global poverty update from the World Bank revises the previously published global and regional estimates from 1981 to 2017. In summary, the updated poverty estimates continue to show a decrease in global poverty up until 2017, and to 2018/2019 for some regions, which predates the reversal projected for 2020 as a result of COVID-19.. For the regions with sufficient population. Deng Xiaoping paved the way for how China contributes to global poverty reduction. Poverty Alleviation in China. According to statistics that the World Bank released, over the past 40 years, the number of people in China living below the international poverty line has dropped by more than 850 million

Is China Succeeding at Eradicating Poverty? ChinaPower

  1. Does the $1-a-day Poverty Line get Updated Periodically? World Bank researchers have updated the $1-a-day poverty line several times in the past. An update in 2000 set the international poverty line for extreme poverty at $1.08 a day in 1993 prices.7 The term $1 a day—a rhetorical master stroke according to many analysts—was retained
  2. The World Bank's figure is a $1.90 a day, but that's generally for low-income countries. In the upper-middle income category, where China sits, the bank suggests a poverty line of $5.50 a day
  3. China was for decades one of the world's most impoverished countries and ending absolute poverty has been an important policy goal for Xi. The Chinese leader pledged to meet his target by the end of 2020, and establish a moderately prosperous society ahead of the 100th anniversary of the founding of the Chinese Communist Party in July next year
  4. Previous officials have defined the poverty line as less than 4,000 yuan ($620) a year, or $1.69 a day — less than the World Bank's threshold of $1.90 a day and well below the $5.50 a day that.
  5. (According to the World Bank more than 500 million Chinese lifted themselves out of poverty as China's poverty rate fell from 88 percent in 1981 to 6.5 percent in 2012, as measured by the.
  6. Source: World Bank, World Development Indicators 2001, The World Bank, pp.64 Table 4 Poverty population and the poverty rate of the world (1950-1992) 1950 1960 1970 1980 1992 1999 Poverty population (million)a 1805.6 1946.5 2200.7 2426.6 2800 2320 Population in dire poverty(million)b 1376.2 1330.1 1304.7 1390.3 1294 116
  7. For information about the World Bank and its activities in Cambodia, please visit our website at Poverty could increase between 3 and 11 percentage points outbreak in China As the virus spread from China to the rest of the world, tourism activity has come.
Madagascar - Population Ages 65 And Above (% Of Total

The World Development Indicators is a compilation of relevant, high-quality, and internationally comparable statistics about global development and the fight against poverty. The database contains 1,400 time series indicators for 217 economies and more than 40 country groups, with data for many indicators going back more than 50 years As I show in my final report as UN special rapporteur on extreme poverty and human rights, almost all of these rosy accounts rely on one measure - the World Bank's $1.90 (£1.50) a day.

China's economy is measured by its gross domestic product. In 2019, growth totaled $22.5 trillion, the largest in the world. 1  That's roughly 8% more than in 2018. Here is China's growth rate by year, showing how it has slowed since the 10.6% growth in 2010. 2010 10.6% WID.world uses 2011 Purchasing Power Parity round for international comparisons. It should also be noted that default monetary values for Eurozone countries are displayed in PPP Euros and are thus different from Market exchange rate Euros. A Eurozone country with high relative prices will have a lower PPP Euro average income values Extreme poverty throughout the world is also rising due to the COVID-19 pandemic. According to the United Nations Sustainable Development Goals Report 2020, the global poverty rate has risen to 8.8% in 2020 from 8.2% in 2019. This is the first increase since 1998 The number of people in extreme poverty has fallen from nearly 1.9 billion in 1990 to about 650 million in 2018. 7. This was possible as economic growth reached more and more parts of the world. 8 In Ethiopia, India, Indonesia, Ghana, and China more than half the population lived in extreme poverty a generation ago

Poverty headcount ratio at rural poverty line as a share of rural population. Togo is the top country by rural poverty rate in the world. As of 2015, rural poverty rate in Togo was 68.7 %. The top 5 countries also includes Côte d'Ivoire, Colombia, Tajikistan, and Kyrgyzstan. The description is composed by our digital data assistant World Development Indicators: March 2021 On March 19, new poverty and inequality estimates in the WDI were released, alongside the PovcalNet update.The new estimates include national and international poverty rates for individual economies and aggregate groups, and new measures of inequality in income or consumption, including the Gini index, for individual economies (WDI Table 1.2 and WDI. All queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; e-mail: pubrights@worldbank.org. ISBN (paper): 978-1-4648-1440- For instance, Niger had only 0.5% unemployment in 2020, but its GDP per capita was $553.9 in 2019, according to the World Bank. Burundi had 0.5% unemployment in 2020 but a GDP per capita of $261.2.

Kenya - Literacy Rate, Adult Female (% Of Females Ages 15

Has China lifted 100 million people out of poverty? - BBC New

The World Bank's Philippine Economic Update for December 2020 projected GDP shrinking by a bigger 8.1 percent in 2020, from the previous forecast of 6.9 percent The most serious scenario involves a 20 percent fall in income which would result in an additional 548 million people earning less than the World Bank poverty threshold of $5.50 per day The World Bank previously projected that the Philippine economy would contract by 1.9% in 2020 due to the COVID-19 impact. The bank added the country's GDP would put additional two million Filipinos below the poverty line. World Bank projection showed the Philippine economy would recover in the next two years, and the poverty rate would. Surging inflation and rising prices pushed an estimated 7 million Nigerians below the poverty line in 2020 alone, the World Bank said on Tuesday. In its Nigeria Development Update (NDU) released. Rapid and substantial economic transformations over the past 35 years in the People's Republic of China have translated into remarkable progress in poverty reduction and social development.By lifting millions out of hunger, the country met its Millennium Development Goal of halving the number of hungry people by 2015 and reduced the global hunger rate by two thirds

Nepal - Population, Total - 1960-2019 Data | 2020 Forecast

East Asia and Pacific Overview - World Bank Grou

The World Bank says inflation pushed not less than seven million Nigerians into poverty in 2020. The Bretton Woods Institution made the disclosure in a report, 'World Bank's Nigeria Development Update (NDU) Resilience Through Reforms,' released on Tuesday. The impact of higher inflation is severe: In 2020, rising prices alone—even. In January 2020, as reports of the novel coronavirus were emerging, the World Bank forecasted that the global economy would expand by 2.5% that year. In January 2021, with the pandemic still holding much of the world in its grip, the World Bank estimated that the global economy contracted by 4.3% in 2020, a turnabout of 6.8 percentage points The classifications being used by the World Bank in its current 2020 fiscal year are (1) $1,025 and below for low income; (2) from $1,026 to $12,375 for middle-income countries, which in turn is divided into lower middle income and upper middle income, beginning at $3,996; and (3) $12,376 and above for high income (World Bank, World Bank.

March 2020 global poverty update from the World Bank: New

The multilateral lender is seeing poverty to increase from 20.5% in 2019 to 22.6% in 2020. More emergency cash aid for the poor The World Bank suggested the government embark on more cash transfer. In Indonesia, 9.8% of the population lived below the national poverty line in 2020. From 10.4% in 2013, the proportion of employed population below $1.90 purchasing power parity a day is 3.5% in 2019 in Indonesia With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries The World Bank on Wednesday warned that by 2021, as many as 150 million people are likely to be in extreme poverty because of the coronavirus pandemic and countries will have to prepare for a. The headcount poverty rate is expected to jump from 28 per cent in 2019 to 55 per cent in May 2020. The corresponding increase in extreme poverty is from 8 to 23 per cent. This brings the total number of poor among the Lebanese population to 1.1 million and 2.7 million for the lower and the upper poverty lines, respectively. The latter i

However, new projections since the school closures indicate that learning poverty rates could worsen between 2020 and 2021. Because the impacts of COVID-19 cannot be fully known at this time, different scenarios are considered: an optimistic scenario, an intermediate scenario, and a pessimistic scenario If the pandemic had not struck, the global extreme poverty rate was expected to fall to 7.9 per cent, but now could climb as high as 9.4 per cent, the bank said in its flagship report. World Bank. WB sees poverty rise, muted recovery in Pakistan over two years. Khaleeq Kiani Published October 8, 2020. The World Bank sees an increase in poverty in Pakistan over the next two years coupled.