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The World Bank: Poverty rates will not change

London-ALsharqiya, June 10: The World Bank predicts that the number of people suffering from extreme poverty will remain the same even if the global economy recovers in 2021, due to the repercussions of the Covid-19 epidemic this year. The forecast came after the Washington-based International Finance Corporation said the epidemic could push between seventy to one hundred million people into extreme poverty in 2020 as the global economy faces its worst recession in 80 years. According to the World Bank, growth will rebound by 4% in 2021 in some countries, but it will remain the same in countries with the largest proportion of the poor in the world.

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