How to Strengthen Anti-Poverty Efforts
Even before the pandemic reversed progress in reducing extreme poverty, policies and programs largely failed to meet the needs of the poorest and most marginalized. Unless that failure is corrected, the most severe forms of poverty will remain entrenched long after the COVID-19 crisis ends.
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DHAKA – From 1990 to 2019, the number of people living in extreme poverty (according to the World Bank threshold of $1.90 per day) plummeted, from 1.9 billion to 648 million. COVID-19 has reversed much of this progress. By the end of 2021, the pandemic will have pushed approximately 150 million people back into extreme poverty.