Zimbabwe: Global Poverty Levels Spike As Zimbabwe Braces for the Worst

8 October 2020

Global extreme poverty is set to rise in 2020-the first time in two decades- as effects of Covid-19 disruption takes toll on the global economy that was already reeling from the combined force of conflict and climate change, a latest report by the World Bank (WB) suggests.

According to the report released yesterday, an additional 88 million new poor have emerged from the pandemic, mostly from already poverty-stricken countries such as Zimbabwe, and will push the total number of people living in extreme poverty to 150 million by next year.

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