Around 1 in 5 children today are living in extreme poverty, according to new World Bank-UNICEF research. In 2024, an estimated 412 million children aged 17 or younger were residing in households ...

[00:00] - Those at the bottom of the income distribution, the poorest and the most vulnerable, have to be also more proactively engaged in that process of economic growth and benefiting from it. - ...

About 700 million people—or 8.5 percent of the global population—live in extreme poverty on less than $2.15 a day, a World Bank report has said. The bank also added that around 3.5 billion people live ...

The World Bank has emphasised that creating jobs is central to reducing poverty, fostering stability, and generating local economic opportunities, even as countries navigate global economic turbulence ...

A World Bank study has flagged Pakistan’s General Sales Tax (GST) as the single most damaging fiscal tool exacerbating poverty, especially among low-income households. The report, titled "The Effects ...

Forbes contributors publish independent expert analyses and insights. AI researcher working with the UN and others to drive social change. Oct 16, 2024, 11:47am EDT ProSocial AI may be a treasure ...

A global target of ending extreme poverty by 2030 is "out of reach," said the World Bank on Tuesday, adding it could take three decades or more to do so.

India announced recently that it was ‘close to victory in its fight against poverty’, with only 2.2% of its population living below the World Bank-defined extreme poverty line. Ten years ago, it was ...