COVID-19 Will Push 96Mn People, 47Mn Women into Extreme Poverty

INSUBCONTINENT EXCLUSIVE:
A new analysis by the UN Women and the UN Development Programme (UNDP) said the coronavirus pandemic has unleashed an unprecedented crisis,
devastating the lives of the poor. According to the report, the pandemic will push 96 million people, including 47 million women and girls,
into extreme poverty by 2021, disrupting decades of progress on poverty. Though the pandemic will impact global poverty, women will bear the
heaviest brunt, especially women of reproductive age. The projections show that by 2021, for every 100 men living in extreme poverty, there
will be 118 women, which is expected to increase to 121 women by 2030. As per the pre-pandemic estimations, the poverty rate for women was
expected to drop by 2.7% between 2019 and 2021
But the new projections estimate an increase of 9.1% due to the pandemic. With this, the total number of women and girls in extreme poverty
is expected to reach 435 million, making the achievement of the pre-pandemic level even more challenging until 2030. We know that women
take most of the responsibility for caring for the family; they earn less, save less and hold much less secure jobs in fact, overall,
womens employment is 19% more at risk than mens, said UN Women Executive Director Phumzile Mlambo-Ngcuka. Among the key findings: Central
and Southern Asias poverty figures will increase by 54 million Sub-Saharan Africas poverty figures will increase by 24 million The poverty
rate in South Asia is expected to reach 13% in 2021 By 2030, 18.6% of the global poor women and girls live in South Asia In South Asia,
there will be 118 poor women for every 100 poor men, which will increase to 129 women by 2030 The post COVID-19 Will Push 96Mn People, 47Mn
Women into Extreme Poverty appeared first on Nepali Sansar.This first appeared/also appeared in Nepali Sansar