WORLD BANK: CORONAVIRUS OUTBREAK WILL IMPOVERISH WORLD


08/10/2020




Serhat TUNAR -TDO- The Coronavirus outbreak could plunge hundreds of millions into extreme poverty by the end of next year, the World Bank said in a statement.

The World Bank's biannual report on poverty and Shared Prosperity warned that the Coronavirus outbreak could bring world poverty back to 2017 levels.

World Bank President David Malpass said in a statement about the report that the epidemic and global economic recession could lead to about 2 percent of the world's population falling into extreme poverty, describing it as a serious setback in the struggle to increase development and reduce poverty.


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