World Bank Chief: COVID May Have Pushed 100M Into Extreme Poverty


coronavirus worthy news(Worthy News) – The coronavirus pandemic may have driven as many as 100 million people back into extreme poverty, World Bank President David Malpass warned Thursday.

The Washington-based development lender previously estimated that 60 million people would fall into extreme poverty because of COVID-19, but the new estimate puts the deterioration at 70 million to 100 million, and he said “that number could go higher” if the pandemic worsens or drags on.

The situation makes it “imperative” that creditors reduce the amount of debt held by poor countries at risk, going beyond the commitment to suspend debt payments, Malpass said in an interview with AFP. [ Source: VOA News (Read More…) ]

12
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X
Join the Truth Social discussion

Latest Worthy News

Trump Draws A Hard Line On NATO As U.S. Moves To Cut Europe’s Military Safety Net
Mob Storms Ebola Hospital In Congo Amid Growing Outbreak
French Police Detain Teenagers After Boy Found Dead In Rennes
Austrian Tourists Die After Bridge Collapse In Indonesia
US Strikes Iran Despite Ceasefire As Trump Pushes Abraham Accords
Russia Warns Diplomats To Leave Kyiv Ahead Of More Attacks
Pope Warns AI Could Become ‘New Tower Of Babel’ Threatening Humanity
Israel Expands Strikes on Hezbollah as Netanyahu Vows to ‘Intensify the Blows’
Trump Honors Fallen Service Members, Vows Iran Will Not Obtain Nuclear Weapon
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News