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World Bank report on poverty: 700 million people are surviving on less than $1.90 a dayStatista reports that the World Bank utilizes varying poverty thresholds, with $3.65 per person per day applicable to lower-middle-income countries and $6.85 for upper-middle-income populations ...
The World Bank's Macro Poverty Outlook 2024 highlights the resilience and strides made by developing nations as they navigate ...
The World Bank has estimated that 622 million people, which is 7.3% of the global population will live in extreme poverty by 2030 due to stalled efforts to eradicate poverty. The Bank made the ...
The "Poverty, Prosperity, and Planet Report 2024" by the World Bank highlights stalled progress in poverty reduction, ...
On 15 October 2024, the World Bank stated in a press release: ‘The global goal of ending extreme poverty – less than $2.15 per person per day – by 2030 is out of reach: it would take three ...
An additional 14 million Nigerians are predicted to fall into poverty in 2024 as a result of stagnant labor wages. The Macro Poverty Outlook: Country-by-Country Analysis and Projections for the ...
Nigeria is facing economic challenges driven by inflation and the devaluation of its currency, the naira. Economic growth has struggled to keep up with a fast-growing population, which has deepened ...
The country’s poverty situation worsened during the Covid-19 period with about 72 out of 100 Malawians now living under the poverty line of less than $2.15 (K3 764) per day, latest World Bank figures ...
Reforms undertaken by Nigeria’s government are “essential” but have piled pressure on its people, more than half of whom live in poverty, the World Bank has said. Since coming to power in May 2023, ...
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