TOO BAD!! 1 Billion People Living In Acute Poverty

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Posted by OluwaFemi. on 18 October, 2024 under Naija News 0

More than one billion people are living in acute poverty across the globe, a UN Development Programme report said yesterday, with children accounting for over half of those affected.

The paper, published with Oxford Poverty and Human Development Initiative, OPHI, noted that poverty rates were three times higher in countries at war, as 2023 saw the most conflicts around the world since the Second World War.

The UNDP and OPHI have published their Multidimensional Poverty Index annually since 2010, harvesting data from 112 countries with a combined population of 6.3 billion people.

It uses indicators such as a lack of adequate housing, sanitation, electricity, cooking fuel, nutrition and school attendance.

“The 2024 MPI paints a sobering picture: 1.1 billion people endure multidimensional poverty, of which 455 million live in the shadow of conflict,” said Yanchun Zhang, chief statistician at the UNDP.

“For the poor in conflict-affected countries, the struggle for basic needs is a far harsher and more desperate battle,” Zhang told AFP.

The report echoed last year’s findings that 1.1 billion out of 6.1 billion people across 110 countries were facing extreme multidimensional poverty.

Thursday’s paper showed that some 584 million people under 18 were experiencing extreme poverty, accounting for 27.9 percent of children worldwide, compared with 13.5 percent of adults.

It also showed that 83.2 per cent of the world’s poorest people live in Sub-Saharan Africa and South Asia.

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