Virus could push half a billion people into poverty

Addis Ababa, April 9, 2020 (FBC) – The economic fallout from the crisis could increase global poverty by as much as half a billion people.

This bleak warning comes from a UN study into the financial and human cost of the pandemic.

It will be the first time that poverty has increased globally in 30 years, according to the report.

The findings come ahead of key meetings of the World Bank, International Monetary Fund and G20 finance ministers next week.

Source: BBC