World Bank warns that Covid-19 could push 60 million into poverty

World Bank warns that Covid-19 could push 60 million into poverty

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The World Bank warned that the pandemic could drive more than 60 million people into severe poverty.

 

World Bank President David Malpass said the bank is financing aid programs in 100 countries and expected to invest 160 billion dollars in the next 15 months.

 

He encouraged donor countries to step up their bilateral aid to vulnerable virus-affected countries.

 

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