Tue, 21-Oct-2025

WB President David Malpass warns extreme poverty could rise by 100M

World Bank President David Malpass

World Bank President David Malpass on Thursday warned that the coronavirus pandemic may have led as many as 100 million people back into extreme poverty. Earlier, World Bank had estimated that 60 million people would fall into extreme poverty due to COVID-19, but the new estimate puts the deterioration at 70 to 100 million, and … Read more