4 ms·
IMF says 500 million people worldwide who were out of poverty will or have returned to poverty because of the recession. IMF poverty line is < $1.90 a day so s
by aianus 7y ago
IMF says 500 million people worldwide who were out of poverty will or have returned to poverty because of the recession.
IMF poverty line is < $1.90 a day so surely many of them will die from malnutrition or preventable disease as well.
Edit: it was Oxfam that published the report to inform the IMF and World Bank at their meeting next week
- secondo 7y agoIMF says 500 million people worldwide who were out of poverty will or have returned to poverty because of the recession. It's a relevant perspective, but I can't seem to find any source for IMF claiming that. Do you have one or are you referring to research publicized by Oxfam[1]? [1] https://www.bbc.com/news/business-52211206 https://www.bbc.com/news/business-52211206
- aianus 7y agoYou are correct, I apologize, it says that Oxfam published the report ahead of an upcoming IMF meeting.