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333M children worldwide suffer from extreme poverty

333M children worldwide suffer from extreme poverty

Published September 14,2023


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An estimated 333 million kids, one in six of the world’s youngster inhabitants, are grappling with excessive poverty, revealed a report collectively ready by UNICEF and the World Bank.

UNICEF and the World Bank collaborated on a report titled “Global Trends in Child Monetary Poverty According to International Poverty Lines,” which was revealed on Wednesday.

The report brings to gentle that the variety of kids residing on lower than $2.15 a day has seen a notable decline, dropping from 383 million to 333 million, marking a 13% lower from 2013 to 2022.

“A world where 333 million children live in extreme poverty-deprived not only of basic needs but also dignity, opportunity or hope-is simply intolerable,” stated World Bank Global Director for Poverty and Equity Luis-Felipe Lopez-Calva.

Of vital concern is the discovering that the Sub-Saharan Africa area bears the best burden, with a staggering 40% of youngsters residing in excessive poverty. This determine has seen a considerable enhance, climbing from 54.8% in 2013 to a disturbing 71.1% in 2022.

“Seven years ago, the world made a promise to end extreme child poverty by 2030. We have made progress, showing that with the right investments and will, there is a way to lift millions of children out of what is often a vicious cycle of poverty,” UNICEF Executive Director Catherine Russell stated in a press release.

“But compounding crises, from the impacts of COVID-19, conflict, climate change and economic shocks, have stalled progress, and left millions of children in extreme poverty,” Russell additional said.”We cannot fail these children now. Ending child poverty is a policy choice,” she underlined.

Source: www.anews.com.tr