Social security program seeks to address poverty challenge
19th February 2021
Illustration - portrait of poverty (ANTARA)
The COVID-19 pandemic, which has triggered a global economic crisis, is posing a real challenge to many countries, including Indonesia, in their efforts to meet the UN Sustainable Development Goal (SDG) of ending poverty by 2030.
Owing to the pandemic’s impact on the economy, global poverty could increase for the first time since 1990, representing a reversal of approximately a decade of global progress in reducing poverty, according to a study by the United Nations University – UNU Wider.
The World Bank, in its Poverty and Shared Prosperity Report, published in October, 2020, confirmed that the poverty reduction progress has slowed down owing to the impact of COVID-19.