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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

UN: 165 Million People Exposed to Poverty due to Pandemic, Ukrainian Crisis


Fri 14 Jul 2023 | 07:36 PM
Ahmed Moamar

The United Nations (UN) reported today, Friday, that about 165 million people have been exposed to poverty due to the COVID-19 pandemic, the cost of living crisis, and the Ukraine war, since 2020.

And the head of the United Nations Development Program, Achim Steiner, stated - in a report according to the American (Al-Hurra) channel - that because of these crises, there will be 75 million people who have fallen into extreme poverty, which is defined as living on less than $ 2.15 a day, between 2020 and the end of In 2023, another 90 million people will fall below the poverty line of $3.65 a day, according to a study published by the United Nations Development Programme.

He explained that the poorest groups suffer the most and their incomes in 2023 are expected to remain below pre-pandemic levels.

He pointed to countries that could have invested in social safety nets over the past three years that prevented a large number of people from falling into poverty.

He affirmed that in heavily indebted countries, there is a relationship between high levels of debt, insufficient social spending, and an alarming increase in poverty rates, calling for an end to debt poverty in economically troubled countries to redirect debt repayment towards financing social expenditures and facing the effects of macroeconomic shocks.