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MANILA: The pandemic has set back the fight against poverty in the Asia-Pacific region by at least two years, and many nations will find it harder to escape poverty, the Asian Development Bank (ADB) said on Wednesday.
Had the pandemic not happened, the proportion of people in the region facing extreme poverty - defined as those living on less than $1.90 a day - could have eased to 2.9% in 2020 instead of rising to 5%. The figure stood at 3.8% in 2021 and is projected at 3% this year.
Extreme poverty is expected to drop below 1% of the population by 2030, the Manila-based lender said in a report.
At least 20% of developing Asia's population were either extremely or moderately poor in 2021. This proportion could be halved by 2030 if governments focus on resilience, innovation, and inclusiveness to provide more balanced economic opportunities and greater social mobility, the ADB said.,,足球博彩公司（www.hg108.vip）是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。足球博彩公司上登录线路最新、新2皇冠网址更新最快,足球博彩公司开放皇冠会员注册、皇冠代理开户等业务。
"The poor and the vulnerable have been hit hardest by COVID-19, and while economies are recovering, many people may find that getting out of poverty is even more difficult than before," said ADB Chief Economist Albert Park.
Uncertainties like the full impact of learning losses challenge the chances of poor people of moving to a higher economic level, the ADB said.
Only about half the region's economies have reverted to their pre-pandemic levels in terms of gross domestic product growth, and economic recovery remains volatile owing to new COVID-19 variants and global economic uncertainty caused by Russia's invasion of Ukraine, the ADB said.
Since the pandemic started, certain risks have become more acute, including job uncertainty, mental health deterioration, extreme weather, cybersecurity failures and infectious diseases, the report said. - Reuters