UNDP Issues Poverty Warning: 130 Million More People at Risk
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The United Nations Development Programme (UNDP) has warned that conflicts in the Middle East and rising energy prices could increase the risk of global poverty. According to the report, if the increase in energy and food costs is fully passed on to consumers, an additional 130 million people could fall below the poverty line.
The United Nations Development Programme (UNDP) has released a worrying report on the crisis in the Middle East and rising energy prices. It warns that if the energy shock is fully passed on to consumers, an additional 130 million people could fall below the poverty line.
The crisis in the Middle East is driving energy prices up again, increasing economic pressure on developing countries. According to the United Nations Development Programme (UNDP), if the increases in energy and food prices are fully reflected in household spending, an additional 130 million people could fall below the poverty line. Government resources allocated to control prices are also nearing depletion. 🚆
The crisis in the Middle East is driving energy prices up again, increasing economic pressure on developing countries. According to the United Nations Development Programme (UNDP), if the increases in energy and food prices are fully reflected in household spending, an additional 130 million people could fall below the poverty line. Government resources allocated to control prices are also nearing exhaustion.
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