Pandemic sends 4.7 mln more people into extreme poverty in SE Asia - ADB

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Pandemic sends 4.7 mln more people into extreme poverty in SE Asia - ADB
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The pandemic added 4.7 million more people to Southeast Asia's most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said on Wednesday, while urging governments to take steps to boost economic growth.

The number of people in extreme poverty - defined as those living on less than $1.90 a day - was 24.3 million last year, or 3.7% of Southeast Asia's collective 650 million population, the ADB said in a report.

Asakawa urged governments to improve health systems, streamline regulations to boost business competitiveness, invest in smart, green infrastructure and adopt technology to speed up growth.

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