The report said that inflation in most countries soared to multi-year highs last year, driven by a rebound in economic activity and a surge in supply chain disruptions.
Pakistan's food security was already affected by terrorist activities, conflicts with Afghanistan and weather changes. The rising inflation has worsened it.
Global Multidimensional Poverty Index 2022 covers 111 developing countries & shows India's progress outranks countries worldwide & also contributed to decline in overall poverty in South Asia.
India's official poverty estimates are more than a decade old. A consumption expenditure survey was last conducted in 2017-18 but its findings were never accepted by the govt.
Recovery after demonetisation was quick, but overall rate of poverty reduction in 2011-2019 period was lower than in 2004-2011, finds paper published last week.
Sub-Saharan Africa and South Asia consisted of 84 per cent of the world's extremely poor children, out of which India and Nigeria accounted for the most.
South Asia may see 42 mn people being pushed into extreme poverty, according to World Bank analysis, as the pandemic leads to longer shutdowns, increase in costs.
The next time you see a post featuring a sari-clad woman at a party or a travel reel from an unknown location, ask yourself — how does her joy threaten yours?
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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