ANKARA. July 7:War-driven inflation has pushed 71 million people into poverty in just three months since March 2022, according to the UN Development Programme on Thursday.
“The impact on poverty rates is drastically faster than the shock of the Covid-19 pandemic,” said the
development agency. The analysis of 159 developing countries showed that rising commodity prices are already having immediate and devastating impacts on the poorest households, with clear hotspots in the Balkans, countries in the Caspian Sea region, and Sub-Saharan Africa. “Unprecedented price surges mean that for many people across the world, the food that they could afford yesterday is no longer attainable today,” said UNDP Administrator Achim Steiner.
Pakistan among countries badly hit by war-driven inflation: UN
- Poverty pushed 71 mln into poverty globally in just three months since March 2022, says UN Development Programme
Echoes of the Heart
Kazakh President satisfied with results of talks with Putin
Kazakh President Kassym-Jomart Tokayev signified satisfaction following the lengthy face-to-face talks with President of Russia Vladimir Putin in Sochi, the Facebook account of the President’s press secretary Ruslan Zheldibay reads. During the talks the parties debated a wide range of issues concerning trade and economic, investment, humanitarian cooperation, cooperation of the two nations in the […]Read More »