economy and politics

Some 1.1 billion people are poor despite progress in 25 countries

This woman has no means to feed her children in Afghanistan.  One in three people in the least developed countries lives below the poverty line.

He United Nations Development Program (UNDP) reported this Tuesday that nearly 1.1 billion people live in acute multidimensional poverty in 110 countries of the world. Sub-Saharan Africa is home to the largest share of them, with 534 million, and South Asia is home to another 389 million. Thus, five out of six poor people live in these two regions.

The Multidimensional Poverty Index (MPI) monitors the reduction of poverty and takes into account factors ranging from access to education and health, to the standard of living in areas such as housing, drinking water, sanitation and electricity.

Child poverty

The study emphasized that half of the people suffering from multidimensional poverty globally are under 18 years of age.

He specified that in more than 50% of the countries that reported data, there was no statistically significant reduction in child poverty, or the value of multidimensional poverty fell more slowly among children than among adults, suggesting that the child poverty will continue to be a pressing problemespecially in education and nutrition.

In addition, the report reveals that thirds of the 1.1 billion poor (730 million people) live in middle-income countries and details that although low-income nations constitute only 10% of the population included in the index, 35% of all poor people reside in them.

On the other hand, he says that poverty mostly affects rural areas, with 84% of all poor people living in those areas.

This woman lacks the means to feed her son in Afghanistan. One in three people in the least developed countries lives below the poverty line.

measure deprivations

UNDP illustrates the index as a stacked tower of the interrelated deprivations experienced by poor peoplewith the aim of acting to eliminate these deficiencies.

In its latest update, the indicator estimates the levels of 110 countries and shows that poverty can be reduced with the right policies.

UNDP highlighted that 25 countries successfully halved their rate in 15 years, confirming that rapid progress can be made in the fight against poverty. These countries include Cambodia, China, Honduras, India, Indonesia, Morocco, Serbia and Vietnam.

Some countries registered a decline in poverty even during the COVID-19 pandemic. on that list Mexico, Madagascar, Cambodia, Peru and Nigeria stand out.

Of this group, Cambodia is the most encouraging example: the incidence of poverty fell from 36.7% to 16.6%, and the number of poor people halved, from 5.6 million to 2.8 million. , all in 7.5 years, including the years of the pandemic.

The Sustainable Development Goals are still achievable

According to the UN agency, cases such as Cambodia offer hope that the Sustainable Development Goal target of halving poverty by 2030 is still achievable.

Not enough this optimism, the UNDP warned that the full impact of the pandemic remains to be seen since it does not have all the data for that period and, therefore, cannot assess the immediate prospects.

Pedro Conceição, director of the Human Development Report Office, commented that halfway through the 2030 Agenda for Sustainable Development it can be clearly seen that there was steady progress in reducing multidimensional poverty before the pandemic.

However, he qualified, “the impacts of the pandemic in dimensions such as education are significant and can have long-lasting consequences.. It is imperative that we intensify efforts to understand the sectors most affected, which requires increased data collection and policy efforts to get poverty reduction back on track.”

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