Pandemic plunges 80m people in Asia into extreme poverty: ADB

Latest findings show region's sustainable development agenda under threat

20210823 ADB India poverty

An 11-year-old boy collecting garbage at the Bhalswa garbage dump in North Delhi, India earlier this year. ADB estimates that up to 80 million more people have been plunged into extreme poverty by the impact of the pandemic. © AP

CLIFF VENZON, Nikkei staff writer

MANILA -- The COVID-19 pandemic pushed another 75 million to 80 million people in emerging Asian economies into extreme poverty last year, the Asian Development Bank said in a report released Tuesday.

The latest estimates on extreme poverty, defined as living below $1.90 per day, spells a setback to the region's sustainable development agenda. The estimates cover 35 economies -- such as China, India, Bangladesh, and Papua New Guinea -- lower than the 46 ADB tracks in its Asian Development Outlook, the bank's widely followed publication.

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