Covid-19 pandemic will push millions across East Asia and the Pacific into poverty this year, says World Bank


Source: straitstimes.com straitstimes.com

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Covid-19 pandemic will push millions across East Asia and the Pacific into poverty this year, says World Bank September 29, 2020 This post was originally published on this site WASHINGTON – Poverty in East Asia and the Pacific could increase this year for the first time in 20 years as the coronavirus pandemic keeps people in poverty and creates a class of new poor, the World Bank said on Tuesday (Sept 29). While China will fare better than its neighbours, the region as a whole is still expected to grow by only 0.9 per cent this year, the lowest rate...