The World Bank warns that 100 million people may return to poverty. How serious is this situation?

The World Bank warns that 100 million people may return to poverty. How serious is this situation?

100 million people may return to poverty. How serious is this situation? World Bank President David Malpass told the media on Thursday that due to the continued worsening and drag of the epidemic, the number of people returning to extreme poverty in the world will exceed the previously estimated 60 million, and will reach 70 million or even 100 million.

Here we need to understand a concept first: what is "extreme poverty"? This actually refers to people who earn less than $1.9 a day. This means that they will not be able to obtain sufficient food supply and will face starvation. Adults may still be able to tolerate this, but children who do not get enough food may suffer from malnutrition that affects their development and growth, or even die.
The epidemic has caused poverty, not mainly because of the treatment costs for infection with the virus, but because of the epidemic control measures.
COVID-19 is a self-limiting disease. Most people can recover on their own, especially young people, who make up the majority of the population in most underdeveloped and least developed regions. Take India as an example, the average age of its citizens is only 26 years old. During an epidemic investigation in slums in Mumbai, India, the health department found that nearly 60% of the people were infected, but most of them were asymptomatic.

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